Multiple Choice
A decrease in aggregate demand, all other things unchanged, in the long run will generate
A) an increase in potential output and no change in the price level.
B) a decrease in potential output and no change in the price level.
C) no change in potential output and an increase in the price level.
D) no change in potential output and a decrease in the price level.
Correct Answer:
Verified
Correct Answer:
Verified
Q75: Use the following to answer questions .<br>Exhibit:
Q76: Using the aggregate demand-aggregate supply model, predict
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Q78: The short-run aggregate supply shows the amount
Q79: Use the following to answer questions .<br>Exhibit:
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Q82: Use the following to answer questions .<br>Exhibit:
Q83: All other things unchanged, a lower exchange
Q84: Use the following to answer questions.<br>Exhibit: The
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