Business, 29.01.2022 14:50 Cinic21

A reduction in short-run aggregate demand in the actual economy reduces real output, rather than the price level, because multiple choice 1 output is flexible downward. prices are inflexible downward. output is inflexible downward. prices are flexible downward.

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A reduction in short-run aggregate demand in the actual economy reduces real output, rather than the...

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