Assume the economy starts at equilibrium. As the coronavirus outbreak spreads, firms announce massive layoffs of employees.
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Assume the economy starts at equilibrium. As the coronavirus outbreak spreads, firms announce massive layoffs of employees. As a result, the AE line will Group of answer choices None of these answers is correct
- shift down and inventories will rise
- shift up and inventories will fall
- shift up and inventories will rise
- shift down and inventories will fall
Related Book For
Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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