Business, 24.10.2019 02:00 trinityross249

Which of the following statements is true?
a. in the long run, changes in the price level may either increase or decrease real gdp.
b. in the long run, increases in the price level result in an increase in real gdp.
c. in the long run, changes in the price level do not affect the level of real gdp.
d. in the long run, increases in the price level result in a decrease in real gdp.

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Which of the following statements is true?
a. in the long run, changes in the price level may...

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