Question Completion Status: QUESTION 10 Which of the following is likely to result from a rapid rise in aggregate demand? a. Increased unemployment O b. Rising Prices O c. Surplus of balance of payments O d. None of the above QUESTION 11 If GDP (Y) is less than Potential GDP (Y*) the it is an inflationary gap O True OFalse QUESTION 12 If the economy is in a state of stagflation, then Y is greater than Y* and P is greater than P* True O False QUESTION 13 In the AD AS Model, LRAS will never equal SRAS and AD True O False