An increase in aggregate demand causes an increase in only in the short run, but causes an increase in in b

Question

3 years ago

8

An increase in aggregate demand causes an increase in only in the short run, but causes an increase in in b

oth the short run and the long run.
a. real gdp; the price level
b. the price level; the price level
c. the price level; real gdp
d. real gdp; real gdp

Business

1 answer:

Vinvika [58] · Answer 1 · 2022-04-08T03:41:36+03:00

Vinvika [58]3 years ago

7 0

D) real GDP will remain the same and price level will increase

An increase in aggregate demand causes an increase in​ ________ only in the short​ run, but causes an increase in​ ________ in b

An increase in aggregate demand causes an increase in only in the short run, but causes an increase in in b