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18 Aug 2020
In the Classical Model, a decrease in aggregate demand will result in which situation?
A. an increase in both the price level and output.
B. a decrease in the price level and no change in output.
C. a decrease in both the price level and output.
D. a decrease in output and no change in the price level.
E. an increase in the price level and a decrease in output.
In the Classical Model, a decrease in aggregate demand will result in which situation?
A. an increase in both the price level and output.
B. a decrease in the price level and no change in output.
C. a decrease in both the price level and output.
D. a decrease in output and no change in the price level.
E. an increase in the price level and a decrease in output.
Vaishnavi KanukurtiLv10
28 Sep 2020
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