Solved

A Decrease in Aggregate Supply Means

Question 292

Multiple Choice

A decrease in aggregate supply means


A) both the real domestic output and the price level will decrease.
B) the real domestic output will increase and rises in the price level will become smaller.
C) the real domestic output will decrease and the price level will rise.
D) both the real domestic output and rises in the price level will become greater.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions