Imagine the U

question 90

Multiple Choice

Imagine the U.S.economy is in long-run equilibrium.Then suppose the aggregate demand increases.We would expect that in the long-run the price level would

• A)​increase.
• B)​decrease.
• C)​stay the same.
• D)​decrease by the same amount as the increase in aggregate demand.

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Definitions:

Self-Propelled

Referring to machinery or vehicles that move by its own power mechanism without external force.

Sales Promotions

Marketing strategies aimed at increasing sales and attracting customers in the short term through discounts, offers, or special events.

Sales Specials

Promotional discounts or offers intended to incentivize customers to make a purchase within a specific time frame.

Short-Term Boost

A temporary increase or improvement in performance or condition, often quickly fading in its impact.