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mrs_skeptik [129]
3 years ago
10

Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the econo

my. Everything else held constant, the immediate impact of this shock will be a(n) ______ in the aggregate price level, a(n) ______ in real GDP.

Business
1 answer:
sladkih [1.3K]3 years ago
6 0

Answer:

The correct option is Increase and Decrease respectively

Explanation:

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