Consider the AS-AD model. Which of the following is false if there is an increase in the natural level of output? The AD curve shifts to the right The AS curve shifts to the right Interest rate decreases in the medium run Output increases in the medium run Inflation increases in the medium run Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Consider the AS-AD model. Which of the following is false if there is an increase in the natural level of output?

The AD curve shifts to the right

The AS curve shifts to the right

Interest rate decreases in the medium run

Output increases in the medium run

Inflation increases in the medium run

Note:-

  • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
  • Answer completely.
  • You will get up vote for sure.
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