True/False
Given a downward-sloping aggregate demand curve,if short-run aggregate supply increases,real GDP must increase and nominal GDP must fall.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q91: A recessionary gap develops:<br>A)when actual output exceeds
Q92: Which of the following is true of
Q93: Which of these is most likely to
Q94: The short-run aggregate supply curve shows a(n):<br>A)direct
Q95: The capital stock of an economy increases:<br>A)whenever
Q97: Suppose the actual and expected price levels
Q98: In the long run,the price level is
Q99: As actual output falls below the potential
Q100: If the rate of increase in the
Q101: If nominal wage rates increase by 2