traphard5676 traphard5676

05-08-2017
Business

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Suppose the equilibrium aggregate price level and the equilibrium level of real gdp are both rising. this is probably the effect of a(n) _ in aggregate _.

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andriansp andriansp

13-08-2017

this is probably the effect of an increase in aggregate demand.
Aggregate demand is the sum of all the final goods and services that sold within a particular market.When the aggregate demand increased, it will also increase the price and real GDP because you need to include final goods and services to calculate them.

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