An increase in aggregate demand when the economy is operating at near full capacity is likely to result in: Group of answer choices An increase in both output and the overall price level. An increase in output but no increase in the overall price level. An increase in the overall price level but no increase in output. No increase in either output or the overall price level.

An increase in aggregate demand when the economy is operating at near full capacity is likely to result in: Group of answer choices An increase in both output and the overall price level. An increase in output but no increase in the overall price level. An increase in the overall price level but no increase in output. No increase in either output or the overall price level.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter20: Aggregate Demand And Supply

Section: Chapter Questions

Problem 8SQP

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