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Question 64

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Use the following to answer questions .
Exhibit: Long-run Equilibrium Use the following to answer questions . Exhibit: Long-run Equilibrium   -(Exhibit: Long-run Equilibrium)  Changes in aggregate demand from AD<sub>1</sub> to either AD<sub>2</sub> or AD<sub>3</sub> A)  will change nominal GDP but will not change real GDP in the long run. B)  will change real GDP but will not change nominal GDP in the long run. C)  will change the potential level of real GDP. D)  will change the price level and real GDP.
-(Exhibit: Long-run Equilibrium) Changes in aggregate demand from AD1 to either AD2 or AD3


A) will change nominal GDP but will not change real GDP in the long run.
B) will change real GDP but will not change nominal GDP in the long run.
C) will change the potential level of real GDP.
D) will change the price level and real GDP.

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