Suppose consumers spend more than usual.In the short run,prices will ____;in the long run,prices will _____ from their starting point.

Name: Suppose consumers spend more than usual.In the short run,prices will ____;in the long run,prices will _____ from their starting point.
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Question

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In the short run, increased consumer spending leads to higher demand, causing prices to increase. In the long run, continued high demand can lead to further price increases as the economy adjusts.

Suppose Consumers Spend More Than Usual