Solved

Which of the Following Is Most Likely to Result in a Temporary

Question 64

Multiple Choice

Which of the following is most likely to result in a temporary spurt in the growth of real output that cannot be maintained in the long run?


A) an anticipated increase in aggregate demand
B) an unanticipated increase in aggregate demand
C) an increase in long-run aggregate supply (LRAS)
D) an increase in resource prices relative to product prices

Correct Answer:

verifed

Verified

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

Related Questions