In the Long Run, If Aggregate Demand Increases

question 66

Multiple Choice

In the long run, if aggregate demand increases,

• A)output increases while prices fall.
• B)only prices fall.
• C)only prices rise.
• D)both output and prices fall.

---

Definitions:

Oral Communication

The process of expressing ideas through the spoken word, important in personal and professional contexts for conveying information and building relationships.

Virtual Teams

Groups of individuals who work together from different geographic locations, connected by the internet and other technologies.

Videoconferencing

A technology that allows users in different locations to hold face-to-face meetings without having to move to a single location physically.