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In the Long Run, a Decrease in Aggregate Demand Will

Question 168

Multiple Choice

In the long run, a decrease in aggregate demand will lead to a(n) _____


A) decrease in the price and output levels.
B) increase in the price and output levels.
C) increase in the price level and a decrease in the output level.
D) decrease in the price level and an increase in the output level.
E) decrease in the price level and no change in the output level.

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