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11 Dec 2019
If aggregate demand increases and aggregate supply decreases, the price level
a) and real output will both increase.
b) and real output will both decrease.
c) will decrease, but the real output may increase, decrease, or remain unchanged.
d) will increase, but the real output may increase, decrease, or remain unchanged
If aggregate demand increases and aggregate supply decreases, the price level
a) and real output will both increase.
b) and real output will both decrease.
c) will decrease, but the real output may increase, decrease, or remain unchanged.
d) will increase, but the real output may increase, decrease, or remain unchanged
Keith LeannonLv2
15 May 2020
