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Alex777 [14]
4 years ago
15

According to classical economics, a decrease in aggregate demand causes the price level to in the long run. in contrast, an incr

ease in aggregate demand causes the price level to in the long run. these changes occur because of .
Business
1 answer:
AlexFokin [52]4 years ago
8 0
<span>According to classical economics, a decrease in aggregate demand causes the price level to decrease in the long run. In contrast, an increase in aggregate demand causes the price level to increase in the long run. These changes occur because of price flexibility, which is a m</span><span>ethod of selling where the </span>prices<span> are open to negotiations between buyers and sellers.</span>
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