Multiple Choice
If the economy's short-run aggregate supply curve is upward sloping, an increase in
Aggregate demand will cause
A) an increase in the price level and employment.
B) a decrease in the price level and employment.
C) an increase in the price level and a decrease in employment.
D) a decrease in the price level and an increase in employment.
Correct Answer:

Verified
Correct Answer:
Verified
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