One result of a decrease in aggregate demand and no change in aggregate supply is
A) a recession.
B) an increase in employment levels.
C) an economic expansion.
D) a rise in the price level.

Question

Quizplus · Accepted Answer

A decrease in aggregate demand with no change in aggregate supply typically leads to a recession, as lower demand for goods and services can result in reduced production, layoffs, and higher unemployment.

One Result of a Decrease in Aggregate Demand and No