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What is the result of an increase in aggregate demand that occurs along the short-run aggregate supply curve where the price level does not rise?
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What is the result of an increase in aggregate demand that occurs along the short-run aggregate supply curve where the price level does not rise?
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Nov 23, 2023
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what is the result of an increase in aggregate demand that occurs along the short-run aggregate supply curve where the price level does not rise?
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Answer:
Real output rises by the full extent of the multiplier.
Hope it helped! :)
Qmorgan
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Nov 28, 2023
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Qmorgan
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