A. fail to respond to the adverse supply shock and allow the economy to adjust on its own.
B. respond to the adverse supply shock by decreasing aggregate demand which lower prices
C. respond to the adverse supply shock by decreasing short run aggregate supply
D. respond to the adverse supply shock by increasing aggregate demand, which further raises prices
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[junkie-toggle title="Economics Mcqs" state="closed"] - The Aggregate Demand Aggregate Supply Model
- The Aggregate Demand Aggregate Supply Model
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