In the Long Run,an Increase in Aggregate Demand Will Cause

question 131

Multiple Choice

In the long run,an increase in aggregate demand will cause

• A)a decrease in price and output levels
• B)an increase in price and output levels
• C)an increase in the price level and a decrease in output
• D)a decrease in the price level and an increase in output
• E)an increase in the price level and no change in output

---

Definitions:

Garbage In / Garbage Out

A principle stating that poor quality input will result in poor quality output, particularly in the context of computers and software.

Obtain Data

The process of collecting information or measurements relevant to a particular question or problem.

Inferential Statistics

The branch of statistics focused on drawing conclusions and making predictions about a population based on a sample.

Average GPA

The calculated mean of grade point averages from a group of students, representing the average academic achievement.