Question: If the economy is in long-run equilibrium, a decrease in AD will: @ C. Raise the price level and increase real GDP a. Increase real

If the economy is in long-run equilibrium, a decrease in AD will: @ C. Raise the price level and increase real GDP a. Increase real GDP but leave the price level unchanged @ b. Raise the price level but real GDP will remain unchanged @ d. Decrease the price level but real GDP will remain unchanged

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