Multiple Choice
In the short run,an increase in real GDP will
A) increase unit costs and increase the price level
B) increase unit costs and decrease the price level
C) decrease unit costs and decrease the price level
D) decrease unit costs and increase the price level
E) have no effect on unit costs or the price level
Correct Answer:

Verified
Correct Answer:
Verified
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Q168: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
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Q172: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
Q173: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure
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Q176: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Refer to Figure