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A Simultaneous Leftward Shift in SRAS and Rightward Shift in AD

Question 31

Multiple Choice

A simultaneous leftward shift in SRAS and rightward shift in AD may come from a dollar _______________ in the aftermath of a ____________________ in United States real interest rates.


A) depreciation; rise
B) depreciation; fall
C) appreciation; rise
D) appreciation; fall

Correct Answer:

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