Which of the following would cause the aggregate price level to fall and the equilibrium level of real GDP to increase in the short run? Question 12 options: a) the short-run aggregate supply curve shifts left b) aggregate demand shifts right c) aggregate demand shifts left d) the short-run aggregate supply curve shifts right
Which of the following would cause the aggregate price level to fall and the equilibrium level of real GDP to increase in the short run? Question 12 options: a) the short-run aggregate supply curve shifts left b) aggregate demand shifts right c) aggregate demand shifts left d) the short-run aggregate supply curve shifts right
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following would cause the aggregate price level to fall and the equilibrium level of real GDP to increase in the short run?
Question 12 options:
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