If aggregate demand shifts inward over a long period of time, with aggregate supply held constant, the economy should experience
A)unemployment.
B)budget surpluses.
C)stagflation.
D)inflation.

Question

Quizplus · Accepted Answer

If aggregate demand shifts inward over a long period of time, it means that the overall demand for goods and services in the economy is shrinking. This can lead to a decrease in business activity and ultimately result in higher unemployment as firms cut back on production and lay off workers.

If Aggregate Demand Shifts Inward Over a Long Period of Time