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Business, 23.12.2020 19:50 gabi83

Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time. Refer to Scenario 33-2. In the long run, the change in price expectations created by the stock market boom shifts a. long-run aggregate supply right. b. short-run aggregate supply left. c. short-run aggregate supply right. d. long-run aggregate supply left.

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