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Business, 23.01.2020 20:31 liloleliahx2

Suppose workers become optimistic about their future employment, which causes them to spend more and save less. if the economy is on the intermediate range of the aggregate supply curve, then
a. real gdp will fall and the price level will rise.
b. real gdp will rise and the price level will fall.
c. only the real gdp will fall.
d. only the price level will fall.
e. both real gdp and the price level will fall.

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