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QUESTION
The price level increases due to demand-pull inflation. As a result short-run aggregate supply will shift left. short-run aggregate supply will shift...
The price level increases due to demand-pull inflation. As a result
short-run aggregate supply will shift left.
short-run aggregate supply will shift right.
there will be a movement up the short-run aggregate supply curve.
there will be a movement down the short-run aggregate supply curve.
the aggregate supply curve will not be impacted.
