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When There Is an Increase in Aggregate Demand in the Short

question 231

True/False

When there is an increase in aggregate demand in the short run, there will be an increase in the
price level but not in the level of output or employment.


Definitions:

Belt of Stability

A graphical representation showing stable isotopes of elements; isotopes within the belt are more stable against radioactive decay.

Decaying Radioactive Element

An unstable atom that loses energy by emitting radiation in the form of particles or electromagnetic waves.

Two Particles

Refers to minor constituents or entities within a larger context, often used in physics to describe subatomic particles.

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