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Other Fields Homework Help Economics Topic started by: vellojo on Oct 22, 2016



Title: Based on the Keynesian theory of the business cycle, if the economy is at its full-employment ...
Post by: vellojo on Oct 22, 2016
Based on the Keynesian theory of the business cycle, if the economy is at its full-employment equilibrium and aggregate demand increases then
A) the price level and GDP both decrease.
B) real GDP decreases and the price level remains unchanged.
C) the price level rises but real GDP remains unchanged.
D) the price level and real GDP both increase.


Title: Re: Based on the Keynesian theory of the business cycle, if the economy is at its full-employment ...
Post by: yadera on Oct 22, 2016
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Title: Re: Based on the Keynesian theory of the business cycle, if the economy is at its full-employment ...
Post by: vellojo on Dec 2, 2016
Checks out after I submitted my assignment :D