If there is an unanticipated increase in aggregate demand, which of the following is most likely to occur?
a) an increase in the price level (inflation)
b) an increase in the rate of unemployment
c) a reduction in the growth rate of real GDP
d) a decrease in LRAS to restore full employment
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If there is an unanticipated increase in aggregate demand, which of the following is most likely to occur? a) an increase in the price ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.