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In the short run, when there is an increase in aggregate demand:

A) the aggregate price level will fall and the aggregate output level will increase

B) the aggregate price level will rise and the aggregate output level will decrease

C) the aggregate price level will rise and the aggregate output level will increase

 

D) the aggregate price level will fall and the aggregative output level will decrease

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91402408

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