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Scenario 34-2 Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time.
Scenario 34-2 Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time. Refer to Scenario 34-2. How is the new long-run equilibrium different from the original one? Group of answer choices The price level is the same and real GDP is higher. The price level is higher and real GDP is the same. The price level and real GDP are higher. The price level and real GDP are lower
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