I wanted to know if these were correct The economy experiences a decrease in the price level and an increase in real domestic output. Which is alikely explanation? Pick your answer from below and explain your answer choice using aggregate demandand aggregate supply.A. Consumer incomes and the quantity of labor have decreased.B. Business costs and wage rates have decreased.C. The prices of imported resources have increased.D. National income abroad has increased.ParagraphBIUB. Business costs and wage rates have decreased. Which combination of factors would most likely increase aggregate demand? Pick your answer from below andexplain your answer choice using aggregate demand and aggregate supply.A. An increase in household indebtedness and a decrease in net exports.B. An increase in consumer wealth and a decrease in interest rates.C. An increase in net exports and a decrease in government spending.D. An increase in business taxes and a decrease in profit expectations.B. An increase in consumer wealth and a decrease in interest rates.

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The economy experiences a decrease in the price level and an increase in real domestic output. Which is a likely explanation? Pick your answer from below and explain your answer choice using aggregate demand and aggregate supply. A. Consumer incomes and the quantity of labor have decreased. B. Business costs and wage rates have decreased. C. The prices of imported resources have increased. D. National income abroad has increased.

The economy experiences a decrease in the price level and an increase in real domestic output. Which is a likely explanation? Pick your answer from below and explain your answer choice using aggregate demand and aggregate supply. A. Consumer incomes and the quantity of labor have decreased. B. Business costs and wage rates have decreased. C. The prices of imported resources have increased. D. National income abroad has increased.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter22: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 1P

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