Command system allocates resources by the order of someone in authority

A firm could gain from cheating on a cartel agreement by doing all of the following except:

A) raising its price above the agreed level. B) lowering its price below the agreed level. C) selling more than its agreed quota. D) increasing production.

You can generally distinguish an aggregate supply-caused recession from an aggregate demand-caused recession because

a. real GDP will rise in an aggregate supply recession. b. the price level will fall in an aggregate supply recession. c. the price level will fall in an aggregate demand recession. d. real GDP will rise in an aggregate demand recession.