Multiple Choice
Starting from long-run equilibrium, an increase in aggregate demand will cause an increase in which of the following?
A) the price level
B) expectations
C) real wages
D) unemployment
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: Monetary and fiscal policy<br>A)are controlled by the
Q56: Changes in the domestic price level cause
Q57: Sustained increases in the overall price level
Q58: Which of the following phrases best explains
Q59: The long-run aggregate supply curve will shift
Q61: If the actual price level for goods
Q62: If government policymakers are shortsighted and use
Q63: Which of these are excluded from the
Q64: The short-run aggregate supply curve is upward
Q65: If the economy is in short-run equilibrium