The Long-Run Aggregate Supply Curve Shows That by Itself a Permanent

question 30

Multiple Choice

The long-run aggregate supply curve shows that by itself a permanent change in aggregate demand would lead to a long-run change

• A)in the price level and real GDP.
• B)in the price level, but not real GDP.
• C)in real GDP, but not the price level.
• D)in neither the price level nor real GDP.

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