Question: A simultaneous rise in both aggregate demand and short - run aggregate supply will definitely Question 9 options: 1 ) raise Real GDP , but
A simultaneous rise in both aggregate demand and shortrun aggregate supply will definitely
Question options:
raise Real GDP but there is not enough information provided to know how the price level will change.
raise the price level and Real GDP
lower Real GDP but there is not enough information provided to know how the price level will change.
raise the price level, but there is not enough information provided to know how Real GDP will change.
raise the price level and lower Real GDP
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