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What will happen in the short run if aggregate demand shifts left?

a. There is a decrease in the price level and real GDP.

b. There is an increase in the price level and real GDP.

c. There is an increase in the price level but a decrease in the real GDP.

d. There is a decrease in the price level but an increase in the real GDP.

Ā 

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Sonia Dhawan
Sonia DhawanLv10
25 Aug 2020

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