In order for a country's real GDP to increase without inflation or deflation over long periods time
A) its aggregate demand must increase.
B) its aggregate supply must increase.
C) either its aggregate demand or its aggregate supply must increase.
D) both its aggregate demand and its aggregate supply must increase.
Correct Answer:
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Q1: As real GDP increases, ceteris paribus, the
Q2: Aggregate demand is increased by
A)increased interest rates.
B)increased
Q4: The greatest threat to continued growth in
Q5: Aggregate demand is reduced by
A)increased government spending.
B)decreased
Q6: Aggregate Supply increases when
A)raw materials prices rise.
B)government
Q7: Among countries with per capita gross national
Q8: Among countries with per capita Gross national
Q9: Increases in worker productivity usually reflect policies
Q10: Investment in physical and human capital is
Q11: The U.S. represents less than 5% of
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