True/False
When there is an increase in aggregate demand in the long run, there will be an increase in the price level but not in the level of output or employment.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: If a $100 billion increase in government
Q23: The following list contains factors that are
Q24: A rightward shift of the aggregate demand
Q25: The following list contains items that are
Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg" alt=" - Refer to
Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg" alt=" - Refer to
Q29: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg" alt=" Refer to the
Q30: A change in household indebtedness will cause
Q31: If the U.S. dollar appreciates in value
Q32: The following list contains factors that are