Multiple Choice
What impact will a negative demand shock have on the main measures of economic performance?
A) Real GDP will increase, inflation will increase, and unemployment will decrease.
B) Real GDP will decrease, inflation will decrease, and unemployment will increase.
C) Real GDP will decrease, inflation will increase, and unemployment will increase.
D) Real GDP will increase, inflation will decrease, and unemployment will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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