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Along the classical or vertical range of the aggregate supply curve, a decrease in the aggregate demand curve will decrease
A) both the price level and real GDP.
B) only real GDP.
C) only the price level.
D) neither real GDP or the price level.
A) both the price level and real GDP.
B) only real GDP.
C) only the price level.
D) neither real GDP or the price level.
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In this case, a decrease in the aggregat...
Economics for Today 9th Edition by Irvin Tucker
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