According to the AS-AD model, which of the following is true about output when there is an increase in the AD and no other change? (Select all that are true) There is a decrease in output in the short run There is an increase in output in the long run There is an increase in output in the short run There is no change in output in the long run There is no change in output in the short run There is a decrease in output in the long run

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
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Chapter10: Aggregate Demand And Supply
Section10.A: The Self Correcting Aggregate Demand And Supply Model
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According to the AS-AD model, which of the following is true about output when there is an increase in the AD and no other change? (Select all that are true)

   

There is a decrease in output in the short run

   

There is an increase in output in the long run

   

There is an increase in output in the short run

   

There is no change in output in the long run

   

There is no change in output in the short run

   

There is a decrease in output in

the long run

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