What Would Make the Price Level Decrease and Real GDP

question 113

Multiple Choice

What would make the price level decrease and real GDP increase?

• A) Long-run aggregate supply shifts right.
• B) Long-run aggregate supply shifts left.
• C) Aggregate demand shifts right.
• D) Aggregate demand shifts left.

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Accountants

Professionals who perform financial functions related to the collection, accuracy, recording, analysis, and presentation of a business, organization, or individual's financial operations.

Business Judgments

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A phase in the life cycle of a product, business, or industry where growth stabilizes and is characterized by steady sales and profitability.