Question 14 If an economy is in long-run equilibrium, how will an increase in aggregate demand affect real GDP and nominal wages in the long
Question 14 If an economy is in long-run equilibrium, how will an increase in aggregate demand affect real GDP and nominal wages in the long run? a. Real GDP increases, Nominal wages increase X b. Real GDP increases, Nominal wages decrease c. Real GDP decreases, Nominal wages increase d. Real GDP decreases, Nominal wages decrease e. Real GDP does not change, Nominal wages increase
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