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A Decrease in Aggregate Demand Causes a Decrease in ________

Question 178

Multiple Choice

A decrease in aggregate demand causes a decrease in ________ only in the short run, but causes a decrease in ________ in both the short run and the long run.


A) the price level; real GDP
B) real GDP; real GDP
C) the price level; the price level
D) real GDP; the price level
E) unemployment; real GDP

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