Multiple Choice
A rightward shift in an aggregate demand curve will cause
A) No change in prices or output if the aggregate supply curve is upward-sloping.
B) Higher prices,but not higher output,if the aggregate supply curve is vertical.
C) Higher prices,but no change in output,if the aggregate supply curve is horizontal.
D) Higher output,but no change in prices,if the aggregate supply curve is vertical.
Correct Answer:
Verified
Correct Answer:
Verified
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