Over the Horizontal Range of the Economy's AS Curve (Assuming

question 1

Multiple Choice

Over the horizontal range of the economy's AS curve (assuming such a range exists) ,a rightward shift of the AD curve will result in

• A)an increase in prices and no change in real GDP.
• B)an increase in real GDP and no change in prices.
• C)an increase in both real GDP and prices.
• D)a decrease in both real GDP and prices.
• E)a decrease in real GDP but no change in prices.

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