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If the Economy Is in a Recession Caused by Lower

Question 12

Multiple Choice

If the economy is in a recession caused by lower aggregate demand,then in the absence of policy action,the price level will ________,output will ________,and employment will ________ in the long run.


A) increase; remain unchanged; increase
B) remain unchanged; increase; increase
C) decrease; increase; increase
D) decrease; decrease; increase
E) increase; increase; increase

Correct Answer:

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