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:

Verified
Correct Answer:
Verified
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