Along the short-run supply curve (SRAS), a decrease in the aggregate demand curve will decrease:
a. both the price level and real GDP
b. real GDP without raising the price level.
c. the price level without affecting real GDP.
d. the price level but reduce real GDP.
a
Economics
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A decrease in autonomous investment ________
A) increases equilibrium output at any interest rate B) causes a movement down along the IS curve C) shifts the IS curve to the left D) all of the above E) none of the above
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