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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    An Increase in Aggregate Demand Will Generate _____ in Real
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An Increase in Aggregate Demand Will Generate _____ in Real

Question 202

Question 202

Multiple Choice

An increase in aggregate demand will generate _____ in real GDP and _____ in the price level in the short run.


A) an increase; an increase
B) an increase; no change
C) a decrease; no change
D) no change; an increase

Correct Answer:

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