If aggregate demand increases while aggregate supply is constant in an economy in the short run, which of the following statements is correct for the new equilibrium point?    a) price goes down national income goes down  B) price falls, national income rises  NS) price goes up national income does not change  D) price goes up national income goes down  TO) price goes up national income goes up

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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 If aggregate demand increases while aggregate supply is constant in an economy in the short run, which of the following statements is correct for the new equilibrium point?

 
 a)

price goes down national income goes down

 B)

price falls, national income rises

 NS)

price goes up national income does not change

 D)

price goes up national income goes down

 TO)

price goes up national income goes up

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