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rubymoose923Lv1
18 Apr 2021
In the short run, there is an increase in aggregate demand. If price level adjusts upward, how does this effect the multiplier compared to the situation in which the price level does not adjust? Select the best answer below.
a. The multiplier is larger with the price level adjustment than without.
b. The multiplier is the same regardless of price level changes.
c. The multiplier is smaller with the price level adjustment than without.
In the short run, there is an increase in aggregate demand. If price level adjusts upward, how does this effect the multiplier compared to the situation in which the price level does not adjust? Select the best answer below.
a. The multiplier is larger with the price level adjustment than without.
b. The multiplier is the same regardless of price level changes.
c. The multiplier is smaller with the price level adjustment than without.
2
answers
1
watching
226
views
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6 Jan 2023
Sonal BahlLv10
19 Apr 2021
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