An increase in aggregate demand, all other things unchanged, will generate _______ in potential output and _______ in the price level.
A) an increase; no change
B) a decrease; no change
C) no change; an increase
D) no change; a decrease
Correct Answer:
Verified
Q46: In a graph that shows the aggregate
Q49: What do economists mean by the term
Q51: The long-run aggregate supply curve
A) relates the
Q52: In the long run, the price level
Q53: Which of the following statements is true
Q55: Wage and price stickiness
A)give rise to a
Q56: In the long run, a decrease in
Q57: A decrease in aggregate demand, all other
Q58: Figure 7-2 Q59: In the long run, the output level
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents