Multiple Choice
Experience has shown that,during recessions,the ___________ falls but the price level ___________.This evidence ___________ the prediction of the AD-AS model.
A) inflation rate;keeps rising;contradicts
B) price level;keeps rising;supports
C) output level;remains constant;contradicts
D) inflation rate;remains constant;supports
E) output level;remains constant;supports
Correct Answer:

Verified
Correct Answer:
Verified
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