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vellojo vellojo
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7 years ago
An initial increase in aggregate demand that is NOT followed by an increase in the quantity of money results in a long-run equilibrium with
A) a higher price level but the same real GDP.
B) the same price level and a lower level of real GDP.
C) a higher price level and an increased level of real GDP.
D) None of the above answers are correct.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
wrote...
7 years ago
Happy to help Slight Smile
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Do it. Person Raising Both Hands in Celebration
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