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  3. suppose consumer confidence has a sustaining incre

Suppose consumer confidence has a sustaining increase for anation. What impact does this have on...

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Economics

Suppose consumer confidence has a sustaining increase for anation. What impact does this have on potential GDP and the pricelevel in the long run? Potential GDP falls, and the price levelfalls in the long run. Potensiol GDP riter, and the polve lenelremaine anchuged the the long run. Potential GDP remains unchanged,and the price level fally in the long run. Potential GDP remainsunchanged, and the price level rises in the long run.

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