When both short-run aggregate supply and aggregate demand increase, which of the following can be said for certain?
Increased SRAS lowers the price level, but increased AD increases the price level. The change in the price level is uncertain, but real GDP rises.
269 MCQ for effective preparation of the test of Macroeconomics of Economics section.
Read the MCQ statement: When both short-run aggregate supply and aggregate demand increase, which of the following can be said for certain? , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 55-4065.