According to Aggregate Demand and Supply Analysis,the Negative Demand Shock

question 13

Multiple Choice

According to aggregate demand and supply analysis,the negative demand shock of 2000-2004 had the effect of

• A)increasing aggregate output,lowering unemployment,and raising inflation.
• B)decreasing aggregate output,raising unemployment,and raising inflation.
• C)increasing aggregate output,lowering unemployment,and lowering inflation.
• D)decreasing aggregate output,raising unemployment,and lowering inflation.