According to Classical Theory, Any Changes in Aggregate Demand Will

question 112

Multiple Choice

According to classical theory, any changes in aggregate demand will

• A) lead to changes in the price level.
• B) lead to changes in real Gross Domestic Product (GDP), but not in the price level.
• C) lead to changes in both real Gross Domestic Product (GDP) and the price level.
• D) have no affect on prices or real Gross Domestic Product (GDP).

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