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djyliett [7]
10 months ago
12

the most likely outcome when both aggregate supply and aggregate demand increase is: a rise in inflation. higher employment. an

increase in nominal gdp.
Business
1 answer:
anyanavicka [17]10 months ago
5 0

As a result, a rise in household wealth causes the aggregate demand curve to move to the right. When both aggregate supply and aggregate demand grow, the most likely conclusion is an increase in inflation.

  • The entire quantity of demand for all completed products and services generated in an economy is measured as aggregate demand. The entire amount of money traded for such products and services at a certain price level and moment in time is referred to as aggregate demand.

What exactly is macroeconomic aggregate demand?

Aggregate demand is an economy's overall expenditure on domestic goods and services. The downward-sloping aggregate demand curve depicts the link between production price levels and overall economic spending.

to learn more about aggregate demand, click the links

brainly.com/question/29349235

#SPJ4

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3 years ago
Does this​ "stiff competition" mean that the demand curve for​ McDonald's Chicken McNuggets is​ horizontal? Briefly explain.
blagie [28]

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8 0
3 years ago
managers are the managers concerned with implementing the plans policies of top managers and supervising low level managers
Kazeer [188]

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drek231 [11]

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