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Loraine Loraine
wrote...
Posts: 4563
9 years ago
If real GDP is less than potential GDP, then the ________ and the price level ________.
A) aggregate demand curve shifts leftward; rises
B) aggregate demand curve shifts rightward; falls
C) aggregate supply curve shifts leftward; rises
D) aggregate supply curve shifts rightward; falls
E) amount of potential GDP increases; falls
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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