If aggregate demand grows more rapidly than aggregate, Ask an Expert

Economics

If aggregate demand grows more rapidly than aggregate supply, prices

a) and nominal GDP are both likely to rise

b) are likely to rise but nominal GDP is likely to fall

c) and nominal GDP are both likely to fall

d) are likely to fall but nominal GDP is likely to rise.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92195315

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