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Principles of Macroeconomics (Mind...

7th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781285165912
BuyFind

Principles of Macroeconomics (Mind...

7th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781285165912

Solutions

Chapter
Section
Chapter 20, Problem 4QCMC
Textbook Problem

An increase in the aggregate demand for goods and services has a larger impact on output _____ and a larger impact on the price level _____.

a. in the short run, in the long run

b. in the long run, in the short run

c. in the short run, also in the short run

d. in the long run, also in the long run

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