Solved

An Increase in Aggregate Demand in the Long Run Will

Question 83

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions