Lone Star College System, Woodlands ECON 2301 Generally, an increase in aggregate supply is a. the result of an increase in the price level. b. represented by a movement up along the SRAS curve. c. represented by a rightward shift in the SRAS curve. d. both a and b e. both a and c In short-run equilibrium, it is always true that a. quantity demanded of Real GDP = quantity sup ...[Show More]
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