An increase in aggregate demand has what outcome on price level and output with respect to long-run equilibrium?

A) real GDP will increase and price level will decrease

B) real GDP will decrease and price level will increase

C) real GDP will remain the same and price level will decrease

D) real GDP will remain the same and price level will increase

In a recent telephone survey, 5,000 randomly selected teenagers were asked to cite their primary social network site. six of 10 teenagers said they use mybook as their primary social network site. a 95% confidence interval to estimate the true proportion of teenagers who use mybook as their primary social network site is found to be (0.2964, 0.9036). which of the following is a correct interpretation of the confidence level? ninety-five percent of all samples of this size would yield a confidence interval of (0.2964, 0.9036). there is a 95% chance that the true proportion of teenagers who use mybook as their primary social network site is in the interval (0.2964, 0.9036). ninety-five percent of the time, the procedure used to generate this interval will capture the true proportion of teenagers who use mybook as their primary social network site. ninety-five percent of all the samples of size 5,000 lie in the confidence interval (0.2964, 0.9036).