
-If aggregate demand shifts from AD1 to AD2,
A) both output and the price level will rise.
B) output will rise and the price level will fall.
C) output will rise and the price level will remain the same.
D) both output and the price level will fall.
E) output will fall and the price level will risE.
Correct Answer:
Verified
Q81: A self-regulating market
A)eliminates shortages or surpluses through
Q88: Q89: Which of the following is not part Q90: Q90: A basic feature of the classical system Q91: If aggregate demand increases and,as a result,real Q93: According to classical theory, Q97: The major cause of the Depression of Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
A)any deficiency in total