Which of the Following Is Most Likely to Result in a Temporary

question 64

Multiple Choice

Which of the following is most likely to result in a temporary spurt in the growth of real output that cannot be maintained in the long run?

• A) an anticipated increase in aggregate demand
• B) an unanticipated increase in aggregate demand
• C) an increase in long-run aggregate supply (LRAS)
• D) an increase in resource prices relative to product prices

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