For developed economies sustained increases in aggregate supply, absent increases in aggregate demand, will result in a.
Question:
For developed economies sustained increases in aggregate supply, absent increases in aggregate demand, will result in
a. Growth for a while, but ultimately it will result in only inflation.
b. Continuous economic growth.
c. Deflationary risks.
d. A boom and bust cycle.
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c Deflationary risks Explanation If aggregate supply increases and aggreg...View the full answer
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