In the Long Run,an Increase in Aggregate Demand

question 26

Multiple Choice

In the long run,an increase in aggregate demand:

• A)increases the price level and real output,but the effect on the price level is larger.
• B)increases the price level and real output,but the effect on output is larger.
• C)affects only real output.
• D)affects only the price level.
• E)affects neither the price level nor real output.

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People in the United States with ancestry from Africa, particularly those whose ancestors were brought to America through the transatlantic slave trade.

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