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If SRAS shifts left but LRAS remains constant, are the following statements likely to be true? Select the best answer. Statement 1: The Inflation rate goes up. Statement 2: The unemployment rate drops. Answer 2 Points O Statement 1 is likely to be true but not Statement 2. O Statement 2 is likely to be true but not Statement 1. O Statements 1 and 2 are both likely to be true. Neither Statement 1 nor Statement 2 is likely to be true.
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