Multiple Choice
Which of the following can be said about economic growth?
I. Economic growth is the result of increases in long-run aggregate supply.
II. Economic growth is the result of increases in aggregate demand.
A) I is true and II is false
B) I is false and II is true
C) I and II are both true
D) I and II are both false
Correct Answer:
Verified
Correct Answer:
Verified
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