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In the Short-Run Macroeconomic model, what happens when the Supply slope shifts to the right? A. Prices decrease. B. Prices flatline. C. Deflation will occur. D. Both supply and prices stay the same.

In the Short-Run Macroeconomic model, what happens when the Supply slope shifts to the right? A. Prices decrease. B. Prices flatline. C. Deflation will occur. D. Both supply and prices stay the same.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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In the Short-Run Macroeconomic model, what happens when the Supply slope shifts to the right? A. Prices decrease. B. Prices flatline. C. Deflation will occur. D. Both supply and prices stay the same. po3 - 2021 Acellus Corporation. All Rights Reserved. 74°F M
Transcribed Image Text:In the Short-Run Macroeconomic model, what happens when the Supply slope shifts to the right? A. Prices decrease. B. Prices flatline. C. Deflation will occur. D. Both supply and prices stay the same. po3 - 2021 Acellus Corporation. All Rights Reserved. 74°F M
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