Suppose the Short-Run Aggregate Supply Curve Is Positively Sloped and the Money

question 102

Multiple Choice

Suppose the short-run aggregate supply curve is positively sloped and the money supply increases.What is the effect on aggregate demand?  

• A) Aggregate demand increases, which increases real GDP and increases the price level. 
• B) Aggregate demand increases, which decreases real GDP and decreases the price level. 
• C) Aggregate demand falls, which increases real GDP and increases the price level. 
• D) Aggregate demand falls, which decreases real GDP and increases the price level.

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