Suppose a country’s population is growing due to immigration. In the long run, output will ________ due to ________. remain unaffected; price adjustment increase; an increase in short-run aggregate supply increase; an increase in long-run aggregate supply increase; an increase in both long-run and short-run aggregate supply increase; an increase in aggregate demand
Suppose a country’s population is growing due to immigration. In the long run, output will ________ due to ________.
remain unaffected;
increase; an increase in short-run
increase; an increase in long-run aggregate supply
increase; an increase in both long-run and short-run aggregate supply
increase; an increase in aggregate
Which of the following would cause an upward movement along the aggregate demand curve?
The value of the dollar increases.
There is an increase in expected income.
There is an increase in the expected price level.
An increase in the price level increases the value of real wealth.
An increase in housing prices increases the value of real wealth.
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