Multiple Choice
Figure 8-1
-According to Figure 8-1,an increase in aggregate demand between real GDP levels Q₀ and Q₁
A) would most likely result in some inflation.
B) would not increase output since the economy is already working at full capacity.
C) would have no effect on the price level.
D) would cause price levels to fall.
Correct Answer:

Verified
Correct Answer:
Verified
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