question archive A rightward shift of the AD curve in the very steep upper part of the short-run AS curve will a
A rightward shift of the AD curve in the very steep upper part of the short-run AS curve will a
Subject:EconomicsPrice:2.88 Bought3
A rightward shift of the AD curve in the very steep upper part of the short-run AS curve will
a. Reduce real output by more than the price level
b. Reduce the price level by more than real output
c. Increase real output by more than the price level
d. Increase the price level by more than real output
Choose an option and explain.
Option 1
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