The Effect of an Increase in Aggregate Supply Is A(n)

question 48

Multiple Choice

The effect of an increase in aggregate supply is a(n) :

• A) increase in the general level of prices and a decrease in real output.
• B) increase in the general level of prices and an increase in real output.
• C) decrease in the general level of prices and a decrease in real output.
• D) decrease in the general level of prices and an increase in real output.

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