Using Figure 8.7, a shift in aggregate demand from AD4 to AD5 is most likely to cause
A. An increase in real output but no change in the price level.
B. An increase in price level but no change in real output.
C. A decrease in price level but no change in real output.
D. An increase in real output and an increase in the price level.
Answer: B
Economics
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A) $2,000 B) $2,050 C) $2,150 D) $2,270
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Refer to the scenario above. Which of the following will happen in this case?
A) Neither of them will make any money. B) Only Elly will make money. C) Elly will trust, but her employee will defect. D) Elly will trust, and her employee will cooperate.
Economics