Refer to Figure 14.2. Other things equal, a movement from point C to point B would be caused by
A) an increase in the price level.
B) a decrease in the price level.
C) a positive supply shock.
D) a negative supply shock.
A
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Answer the following statement true (T) or false (F)
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A. the same. B. higher. C. lower. D. higher and more variable.
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