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Home Q & A Board Other Fields Homework Help Business Economics
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sgy_89 sgy_89
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6 years ago
Suppose the economy is operating at potential GDP. Given a Keynesian aggregate supply curve, an increase in aggregate demand will tend to
A) increase both real GDP and the price level.
B) reduce both real GDP and the price level.
C) increase the price level but leave real GDP unchanged.
D) lower the price level but leave real GDP unchanged.
E) increase real GDP but lower the price level.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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