4. An increase in the aggregate demand for goods and services has a larger impact on output________and
Question:
4. An increase in the aggregate demand for goods and services has a larger impact on output________and a larger impact on the price level________
a. in the short run, in the long run
b. in the long run, in the short run
c. in the short run, also in the short run
d. in the long run, also in the long run
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
Question Posted: