A) a higher price level.
B) an expansion of real output and a stable price level.
C) an expansion of real output and a higher price level.
D) a decline in real output and a stable price level.

Question

A) a higher price level. 
B) an expansion of real output and a stable price level. 
C) an expansion of real output and a higher price level. 
D) a decline in real output and a stable price level.

Quizplus · Accepted Answer

The Answer of 
A) a higher price level. 
B) an expansion of real output and a stable price level. 
C) an expansion of real output and a higher price level. 
D) a decline in real output and a stable price level.

A) a Higher Price Level