If There Is an Unanticipated Increase in Aggregate Demand,which of the Following

question 28

Multiple Choice

If there is an unanticipated increase in aggregate demand,which of the following is most likely to occur?

• A)an increase in the price level (inflation)
• B)an increase in the rate of unemployment
• C)a reduction in the growth rate of real GDP
• D)a decrease in LRAS to restore full employment

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Definitions:

Cause of Death

The reason or condition that leads to the termination of life.

Middle Adulthood

A life stage typically ranging from about 40 to 65 years old, marked by personal, professional, and familial achievements and adjustments.

African American

An ethnic group in the United States with total or partial ancestry from any of the black racial groups of Africa.

Mexican American

A demographic group in the United States characterized by individuals of Mexican heritage, encompassing a rich cultural and historical identity.