Multiple Choice
Real GDP definitely increases if
A) both the AD curve and the AS curve shift rightward.
B) both the AD curve and AS curve shift leftward.
C) the AD curve shifts leftward and the AS curve shifts rightward.
D) the AS curve shifts leftward and the AD curve does not shift.
E) potential GDP decreases so that real GDP exceeds potential GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q279: When the price level rises and increases
Q280: If the AD curve shifts rightward,then<br>A)both the
Q281: State how each of the following affect
Q282: Because of the existence of the aggregate
Q283: _ increases potential GDP.<br>A)A decrease in the
Q285: Demand-pull inflation results from continually increasing the
Q286: Sherri lives in Canada and is considering
Q287: If the quantity of real GDP demanded
Q288: As the money wage rate increases,<br>A)potential GDP
Q289: Which of the following shifts the aggregate