Multiple Choice
A decrease in aggregate demand results in a(n) ________ in the ________.
A) recession; long run
B) expansion; long run
C) expansion; short run
D) recession; short run
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: In the dynamic aggregate demand and aggregate
Q39: Figure 13-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-2
Q40: Because of the slope(s)of the _,we can
Q41: If potential GDP is equal to $600
Q42: Why does the short-run aggregate supply curve
Q44: Suppose the economy is at full employment
Q45: The long-run aggregate supply curve will shift
Q46: Suppose a developing country experiences a reduction
Q47: Which of the following could explain why
Q48: If full-employment GDP is equal to $4.2