Babygirljay6711 Babygirljay6711

02-06-2023
Business

contestada

According to aggregate supply and aggregate demand analysis, what happens to P (price level) and Q (GDP) if G decreases?
a. Prices decrease and GDP decreases.
b. Prices stay the same and so does GDP if AS and AD curves shift by the same amount.
c. Prices increase and GDP increases.
d. Prices increase and GDP decreases.

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