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-If Aggregate Demand Increases and Aggregate Supply Decreases,the Price Level

Question 54

Multiple Choice

  -If aggregate demand increases and aggregate supply decreases,the price level: A) will decrease, but real output may either increase or decrease B) will increase, but real output may either increase or decrease C) and real output will both increase D) and real output will both decrease E) will decrease, but real output will necessarily stay the same
-If aggregate demand increases and aggregate supply decreases,the price level:


A) will decrease, but real output may either increase or decrease
B) will increase, but real output may either increase or decrease
C) and real output will both increase
D) and real output will both decrease
E) will decrease, but real output will necessarily stay the same

Correct Answer:

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