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17) According to what we learned in class, which of the following is true of long run equilibrium GDP and price level when aggregate demand
17) According to what we learned in class, which of the following is true of long run equilibrium GDP and price level when aggregate demand shifts to the right? (Hint: Long run AS is not moving in this question). A) Long run equilibrium GDP increases, and the price level increases B) Long run equilibrium GDP increases and the price level is unchanged C) Long run equilibrium GDP is unchanged, and the price level is unchanged D) Long run equilibrium GDP is unchanged, and the price level increases
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