In the long run,shifts in the aggregate demand curve affect the price level but not the level of output.

Name: In the long run,shifts in the aggregate demand curve affect the price level but not the level of output.
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In the long run, an economy's output is determined by its resources, technology, and institutions, not by the aggregate demand. Shifts in aggregate demand affect the price level but do not change the long-run level of output, which is at its natural rate.

In the Long Run,shifts in the Aggregate Demand Curve Affect