Is there any way that, starting from a long-run stable price equilibrium, an increase in aggregate demand

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Is there any way that, starting from a long-run stable price equilibrium, an increase in aggregate demand could result in an increase in unemployment and a decrease in RGDP?

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:56 AM

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Is there any way that, starting from a long-run stable price equilibrium, an increase in aggregate demand

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