Multiple Choice
The economy experiences an increase in the price level and an increase in real domestic output. Which is a likely explanation?
A) Interest rates have increased.
B) Business taxes have increased.
C) Wage rates have fallen.
D) Net exports have increased.
Correct Answer:
Verified
Related Questions
Q246: Inflation tends to
A) increase productivity.
B) decrease input
Q247: Q248: A decrease in aggregate demand in the Q249: Real Domestic Output Real Domestic Output Demanded
