Suppose Aggregate Demand Increases by More Than Expected

question 66

Multiple Choice

Suppose aggregate demand increases by more than expected. Which of the following describes what will occur?

• A)Real GDP will be greater than potential GDP.
• B)Unemployment will fall.
• C)The price level will increase.
• D)All of the above answers are correct.

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Economic Justice

The aim to create opportunities for every individual to have a fair stance in economic activities, distribution of resources, and wealth.

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