A Decrease in Aggregate Demand Causes a Decrease in ________

question 134

Multiple Choice

A decrease in aggregate demand causes a decrease in ________ only in the short run,but causes a decrease in ________ in both the short run and the long run.

• A)the price level; real GDP
• B)real GDP; real GDP
• C)the price level; the price level
• D)real GDP; the price level

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Definitions:

Openness

Refers to the quality of being receptive and transparent to new ideas, experiences, and information.

Customer Service Representatives

Individuals who interact with customers to handle complaints, process orders, and provide information about products or services.

Openness

A personality trait that features characteristics such as imagination and insight, and those high in this trait also tend to have a broad range of interests.

Agreeableness

A personality trait characterized by warmth, kindness, and cooperativeness, influencing how an individual interacts with others.