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If the Economy Is Close to Full Employment,what Will Be

Question 41

Multiple Choice

If the economy is close to full employment,what will be the result of an increase in aggregate demand?


A) The price level will increase only a little,and Real GDP will increase a lot.
B) The price level will increase a lot,and Real GDP will increase only a little.
C) Both the price level and Real GDP will increase only a little.
D) Both the price level and Real GDP will increase a lot.

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