In the long run, shifts in the aggregate demand curve affect the price level but not the level of output.
Answer the following statement true (T) or false (F)
True
Because the AS curve is vertical in the long run, a change to AD, which intersects the vertical AS curve at a different point, will result in a change in the price level only.
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An example of an external debt is
a. French public debt held by Americans b. French investment in the United States financed by French debt c. French government debt held by French banks d. French public debt issued by French private companies e. U.S. government debt held by the Federal Reserve System
Which of the following does not shift the supply of real loanable funds to the right (i.e., increase it)?
a. A rise in real income. b. An increase in wealth. c. Higher consumer indebtedness levels relative to income. d. All of the above increase the supply of real loanable funds.