Which of the following will result in secular deflation?
A) A one-time rightward shift of the aggregate demand curve.
B) Continuous rightward shifts of the aggregate demand curve.
C) A one-time rightward shift of the long-run aggregate supply curve.
D) Continuous rightward shifts of the long-run aggregate supply curve.
Correct Answer:
Verified
Q210: Q212: The shape of the aggregate demand curve Q214: Other things being equal, appreciation of the Q218: Which of the following would likely result Q225: Suppose the Federal Reserve implements expansionary monetary Q226: When the price level is below the Q236: When the price level is below the Q238: What causes the aggregate demand curve to Q239: Secular deflation occurs when Q249: Economic growth takes place
A) there is no
A) only when both
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