Exhibit 10-7 -In the Short Run,real and Nominal GDP Will Both Decrease

question 152

Multiple Choice

Exhibit 10-7
-In the short run,real and nominal GDP will both decrease whenever

• A)aggregate demand decreases,but not always when aggregate supply decreases
• B)aggregate supply decreases,but not always when aggregate demand decreases
• C)either aggregate demand or supply decreases
• D)aggregate supply decreases
• E)aggregate supply decreases along a constant aggregate demand curve

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Leader

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Continuous Change

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