Ceteris paribus,in the short run following a decrease in the rate of growth in Aggregate Demand,we would expect to see an increase in the rate of unemployment and a decrease in the rate of inflation.

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When there is a decrease in the rate of growth in Aggregate Demand, it would lead to lower sales and production. This could result in firms having to lay off workers and increase unemployment rates. On the other hand, a decrease in Aggregate Demand would decrease the demand for goods and services, causing a fall in prices, and leads to a decrease in inflation. Therefore, in the short run, we would expect to see an increase in the rate of unemployment and a decrease in the rate of inflation following a decrease in the rate of growth in Aggregate Demand, other things remaining constant.

Ceteris Paribus,in the Short Run Following a Decrease in the Rate