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Neoclassical economists believe that in the short run an increase in aggregate demand causes ______________, but in the long run ___________. Select the correct answer
Neoclassical economists believe that in the short run an increase in aggregate demand causes ______________, but in the long run ___________.
Select the correct answer below:
(A) increase in output; output returns to original level
(B) output to stay unchanged; output increases
(C) output to stay unchanged; output falls
(D) decrease in output; output returns to original level
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