Multiple Choice
A rightward shift of the AD curve accompanied by a rightward shift of the AS curve will
A) increase GDP but have an uncertain effect on the price level.
B) reduce GDP but have an uncertain effect on the price level.
C) increase the price level but have an uncertain effect on GDP.
D) reduce the price level but have an uncertain effect on GDP.
E) reduce both the price level and GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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