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jmendoza jmendoza
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Posts: 198
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6 years ago
If aggregate demand decreases and neither short-run nor long-run aggregate supply changes, then
A) the price level increases in the short-run and decreases in the long run.
B) there is an inflationary gap.
C) there is a recessionary gap.
D) in the long run, the long-run aggregate supply will decrease.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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JodiasJodias
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#1
Posts: 127
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6 years ago
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jmendoza Author
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6 years ago
Good timing, thanks!
smdavis
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Yesterday
Brilliant ツ
karamsidhu1
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2 hours ago
This site is awesome
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