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Business, 19.11.2019 20:31 abrannan00pdw6ab

In the intermediate range of the aggregate supply curve, if government spending increases caused the aggregate demand curve to shift outwards, which of the following is most likely to occur? a. the price level and real gdp will both rise. b. both the price level and real gdp will not change. c. the price level will rise, but real gdp will not change. d. the price level will not change, but real gdp will increase.

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