The board of the central bank is analysing the impact of, Business Economics

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The board of the central bank is analysing the impact of

The board of the central bank is analysing the impact of the latest survey on price level expectations. They have found that people and businesses now expect a higher price level than they did previously. The board would like to know what impact this will have on the state of aggregate supply in the short-run. What would you toll them being concise and using only words?

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