Multiple Choice
A positive demand shock will
A) shift the AD curve to the left.
B) increase real GDP and the price level in the short run.
C) decrease real GDP and the price level in the short run.
D) increase real GDP and decrease the price level in the short run.
E) decrease real GDP and increase the price level in the short run.
Correct Answer:
Verified
Correct Answer:
Verified
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