Multiple Choice
An increase in aggregate demand in the long run will most likely result in _____
A) a decrease in the price and output levels.
B) an increase in the price and output levels.
C) an increase in the price level and a decrease in the output level.
D) a decrease in the price level and an increase in the output level.
E) an increase in the price level but no change in the output level.
Correct Answer:

Verified
Correct Answer:
Verified
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