Which combination of shifts of aggregate demand and supply would definitely cause an increase in real GDP?
A)Demand shifts to the left and supply shifts to the right.
B)Demand shifts to the left and supply shifts to the left.
C)Demand shifts to the right and supply shifts to the right.
D)Demand shifts to the right and supply shifts to the left.

Question

Quizplus · Accepted Answer

An increase in aggregate demand and an increase in aggregate supply both lead to an increase in real GDP, as more goods and services are produced and consumed in the economy.

Which Combination of Shifts of Aggregate Demand and Supply Would