As the aggregate price level rises, aggregate demand __ resulting in a to total output, or the real GDP. A.

Question

Stells [14]

4 years ago

11

As the aggregate price level rises, aggregate demand __ resulting in a to total output, or the real GDP. A.

falls/increase B. rises/increase C. rises/decrease D. falls/decrease

Business

2 answers:

Aleksandr [31] · Answer 1 · 2021-11-14T01:59:32+03:00

<span>I believe the answer is D. Falls/decrease
Increase in aggregate price tend to discourage consumers to go out and make a purchase, which will lead to the fall of aggregate demand.
This will create an abundance of that product in the market, and the market will decrease the total output as a response.</span>

lesya692 [45] · Answer 2 · 2021-11-14T03:39:37+03:00

lesya692 [45]4 years ago

4 0

falls/decrease is the correct answer

As the aggregate price level rises, aggregate demand ____________ resulting in a __________ to total output, or the real GDP. A.

As the aggregate price level rises, aggregate demand __ resulting in a to total output, or the real GDP. A.