Multiple Choice
An increase in aggregate demand will initially tend to lead firms to
A) decrease production.
B) increase employment.
C) cut prices.
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: Aggregate demand is<br>A)the quantity of real goods
Q31: In recent years, the foreign sector has
Q32: The curve graphically depicting the relationship between
Q33: Ceteris paribus, increases in personal income tax
Q34: Ceteris paribus, the relationship between the overall
Q36: In a long-run equilibrium of aggregate demand
Q37: Monetary and fiscal policy<br>A)are always affected by
Q38: A curve showing the direct relationship between
Q39: Anything that alters the price of outputs
Q40: If the input prices are fixed or