Multiple Choice
An increase in aggregate demand results in
A) a higher unemployment rate and a lower price level.
B) a lower unemployment rate and a higher price level.
C) an increase in real GDP and a decrease in the price level.
D) a decrease in real GDP and a decrease in the price level.
E) a lower unemployment rate and a lower price level.
Correct Answer:
Verified
Correct Answer:
Verified
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