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Author Question: An increase in aggregate demand when the economy is operating at ________ is likely to result in an ... (Read 81 times)

Ebrown

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on: Apr 19, 2019

Question 1

If the economy is operating way below capacity, an increase in aggregate demand causes a big change in the ________ and small change in ________.


◦ aggregate demand; aggregate supply
◦ aggregate supply; aggregate demand
◦ output; price level
◦ price level; output

Question 2

An increase in aggregate demand when the economy is operating at ________ is likely to result in an increase in the overall price level and ________ in output.


◦ high levels of output; a large increase
◦ high levels of output; little or no increase
◦ low levels of output; a decrease
◦ low levels of output; no change
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Ebrown on Apr 19, 2019

steff9894

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Ebrown

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Reply #2 on: Apr 19, 2019
Thanks


steff9894

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Reply #3 on: Apr 19, 2019
Welcome :)


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