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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    When There Is an Increase in Aggregate Demand in the Short
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When There Is an Increase in Aggregate Demand in the Short

Question 231

Question 231

True/False

When there is an increase in aggregate demand in the short run, there will be an increase in the
price level but not in the level of output or employment.

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