For developed economies sustained increases in aggregate supply, absent increases in aggregate demand, will result in a.

Question:

For developed economies sustained increases in aggregate supply, absent increases in aggregate demand, will result in

a. Growth for a while, but ultimately it will result in only inflation.

b. Continuous economic growth.

c. Deflationary risks.

d. A boom and bust cycle.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: