If Policymakers Increase Aggregate Demand, Then in the Short Run

question 27

Multiple Choice

If policymakers increase aggregate demand, then in the short run the price level

• A)rises and unemployment falls.
• B)and unemployment rise.
• C)and unemployment fall.
• D)falls and unemployment rises.

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Definitions:

Endocrinologist

A medical specialist focused on diagnosing and treating conditions related to hormones and the endocrine system.

Nephrologist

A medical doctor specializing in the care and treatment of diseases related to the kidneys.

Anesthesiologist

A medical specialist focused on providing pain relief and maintenance of patient stability during surgical procedures.

Neurologist

A medical doctor specializing in the nervous system, including the brain, spinal cord, nerves, and muscles, diagnosing and treating neurological disorders.