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    Principles of Economics Study Set 8
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    Exam 33: Aggregate Demand and Aggregate Supply
  5. Question
    In the Long-Run, an Increase in Aggregate Demand Increases the Price
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In the Long-Run, an Increase in Aggregate Demand Increases the Price

Question 107

Question 107

True/False

In the long-run, an increase in aggregate demand increases the price level, but not real GDP.

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