The most likely outcome when both aggregate supply and aggregate demand increase is: A. a rise in
Question:
The most likely outcome when both aggregate supply and aggregate demand increase is: A. a rise in inflation.
B. higher employment.
C. an increase in nominal GDP.
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Aggregate Supply and Aggregate Demand Increase When both aggregate supply and aggregate demand incre...View the full answer
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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