An Increase in Aggregate Demand in the Long Run Will

Multiple Choice

An increase in aggregate demand in the long run will most likely result in:

A) a decrease in price and output levels.
B) an increase in price and output levels.
C) an increase in the price level and a decrease in output.
D) a decrease in the price level and an increase in output.
E) an increase in the price level but no change in output.