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b. output and unemployment to fall. output to fall and unemployment to rise. output to rise and unemployment to fall. с d. 10 If the short-run aggregate supply curve (SRAS) is horizontal, then an increase in aggregate demand leads to: an increase in real output, an increase in the price level, and a decrease in unemployment. an increase in real output, a decrease in the price level, and a decrease in unemployment. an increase in real output, no change in the price level, and a decrease in unemployment. a decrease in real output, no change in the price level, and an increase in unemployment. а. b. с. sldepogei 19 Lox er sd Noldbet od chomecce b nf cecs broct SRA

b. output and unemployment to fall. output to fall and unemployment to rise. output to rise and unemployment to fall. с d. 10 If the short-run aggregate supply curve (SRAS) is horizontal, then an increase in aggregate demand leads to: an increase in real output, an increase in the price level, and a decrease in unemployment. an increase in real output, a decrease in the price level, and a decrease in unemployment. an increase in real output, no change in the price level, and a decrease in unemployment. a decrease in real output, no change in the price level, and an increase in unemployment. а. b. с. sldepogei 19 Lox er sd Noldbet od chomecce b nf cecs broct SRA

Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 3CQQ
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If the short-run aggregate supply curve (SRAS) is horizontal, then an increase in aggregate demand leads to:

b. output and unemployment to fall. output to fall and unemployment to rise. output to rise and unemployment to fall. с d. 10 If the short-run aggregate supply curve (SRAS) is horizontal, then an increase in aggregate demand leads to: an increase in real output, an increase in the price level, and a decrease in unemployment. an increase in real output, a decrease in the price level, and a decrease in unemployment. an increase in real output, no change in the price level, and a decrease in unemployment. a decrease in real output, no change in the price level, and an increase in unemployment. а. b. с. sldepogei 19 Lox er sd Noldbet od chomecce b nf cecs broct SRA
Transcribed Image Text:b. output and unemployment to fall. output to fall and unemployment to rise. output to rise and unemployment to fall. с d. 10 If the short-run aggregate supply curve (SRAS) is horizontal, then an increase in aggregate demand leads to: an increase in real output, an increase in the price level, and a decrease in unemployment. an increase in real output, a decrease in the price level, and a decrease in unemployment. an increase in real output, no change in the price level, and a decrease in unemployment. a decrease in real output, no change in the price level, and an increase in unemployment. а. b. с. sldepogei 19 Lox er sd Noldbet od chomecce b nf cecs broct SRA
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