Multiple Choice
Which of the following will most likely occur as the result of an unanticipated increase in aggregate demand?
A) an increase in output and a move to a higher price level
B) an increase in prices and a long-run increase in output
C) an increase in long-run aggregate supply (LRAS shifts to the right)
D) a decrease in the natural rate of unemployment
Correct Answer:

Verified
Correct Answer:
Verified
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