If the AD curve shifts rightward, then
A) both the price level and real GDP will decrease.
B) both the price level and real GDP will increase.
C) the price level will increase, but no change will occur in real GDP.
D) the price level will not change, but real GDP will increase.
E) potential GDP increases.
B
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What will be an ideal response?
Household heads who typically work full-time year round have a 1 in 30 chance of being poor
Indicate whether the statement is true or false
Which of the following groups tend to have lower unemployment?
a. younger workers b. middle-aged workers c. women d. those with less education
If a good is normal, then an increase in income will result in a(n)
a. increase in the demand for the good. b. decrease in the demand for the good. c. movement down and to the right along the demand curve for the good. d. movement up and to the left along the demand curve for the good.