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Since the End of World War II,the U

Question 46

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Since the end of World War II,the U.S.has almost always had rising prices and an upward trend in real GDP.To explain this


A) it is only necessary that long-run aggregate supply shifts right over time.
B) it is only necessary that aggregate demand shifts right over time.
C) both aggregate demand and long-run aggregate supply must be shifting right and aggregate demand must be shifting farther.
D) None of the above cases would produce rising prices and growing real GDP over time.

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