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If there is productivity growth, the aggregate supply curve will shift to the ______.
right
If the price of key inputs decrease, the aggregate supply curve will shift to the ______.
right
If there are higher prices for inputs, the aggregate supply curve will shift to the ________.
left
If wages or energy products increase in price, the aggregate supply curve will shift to the ______.
left
If the aggregate supply curve shifts to the right, the level of output will _____.
increase
If the aggregate supply curve shifts to the right, there will be ______ pressure on price level.
downward
If the aggregate supply curve shifts to the right, there will be an _____ in real GDP.
increase
If the aggregate supply curve shifts to the right, the unemployment will _______.
decrease
If the aggregate supply curve shifts to the right, inflation will _______.
decrease
If the aggregate supply curve shifts to the left, ______ quantity will be produced.
lower
If the aggregate supply curve shifts to the left, there will be a _____ price level.
higher
If the aggregate supply curve shifts to the left, the GDP will ______.
decrease
If the aggregate supply curve shifts to the left, the unemployment will _______.
increase
If the aggregate supply curve shifts to the left, inflation will _______.
increase
If aggregate supply shift to the right, the equilibrium price will ____ and the equilibrium output will ______.
decrease, increase
If aggregate supply shift to the left, the equilibrium price will ______ and the equilibrium output will _____.
increase, decrease
If any of the factors of GDP increase, the aggregate demand curve shifts to the ________.
right
If any of the factors of the GDP decrease, the aggregate demand curve shifts to the ______.
left
If consumer/business confidence increases, the aggregate demand curve shifts to the ______.
right
If consumer/business confidence increases, the aggregate demand curve shifts to the ____.
left
If there is a cut in taxes, the aggregate demand curve shift to the _______.
right
If there are higher taxes, the aggregate demand curve shift to the _______.
left
If the aggregate demand curve shifts to the right, the equilibrium price will ______ and the equilibrium output will _____.
increase, increase
If the aggregate demand curve shifts to the right, it moves _____the potential GDP.
toward
If the aggregate demand curve shifts to the right, unemployment _______.
decreases
If the aggregate demand curve shifts to the left, equilibrium price will _____ and the equilibrium output will _____.
decrease, decrease
If the aggregate demand curve shifts to the left, it moves ______ from the potential GDP.
away
If the aggregate demand curve shifts to the left, it is _____ to a recession.
closer
If the aggregate demand curve shifts to the left, the unemployment will _____.
increase