Can someone tell me what would happen to the aggregate supply curve in this situation

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Alecia Jones
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Real national output in the 3rd quarter of 2013 was approximately the same as in the 1st quarter of 2008 but average prices measured by the CPI has risen 11% over the period.
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Apidafu
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(Original post by Alecia Jones)
Real national output in the 3rd quarter of 2013 was approximately the same as in the 1st quarter of 2008 but average prices measured by the CPI has risen 11% over the period.
AS curve would shift to the left since output stays the same but price level increases meaning there is a new equilibrium point
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