In the long run,an increase in aggregate demand will lead to
A)A higher price level and an increase in real GDP.
B)A higher price level only.
C)An increase in real GDP only.
D)A decrease in real GDP.

Question

Quizplus · Accepted Answer

The Answer of In the long run,an increase in aggregate demand will lead to
A)A higher price level and an increase in real GDP.
B)A higher price level only.
C)An increase in real GDP only.
D)A decrease in real GDP.

In the Long Run,an Increase in Aggregate Demand Will Lead