An Increase in Aggregate Demand Will Cause an Increase in Both

question 43

True/False

An increase in aggregate demand will cause an increase in both Real GDP and the price level.

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Definitions:

Specific Concern

A particular issue or problem that requires attention or resolution.

Effective Way

A method or approach that achieves desired results or outcomes with efficiency.

Internal Communication

The exchange of information and messages within an organization among its members.

Awareness

The state or condition of being conscious of something, including perceiving, understanding, and being informed.