Home / Expert Answers / Economics / in-the-ad-as-model-question-10-options-an-increase-in-ad-shift-to-the-right-will-cause-an-incre-pa314

(Solved): In the AD/AS model: Question 10 options: An increase in AD (shift to the right) will cause an incre ...



In the AD/AS model: Question 10 options: An increase in AD (shift to the right) will cause an increase in both equilibrium real GDP and the GDP deflator (P) An increase in AS (shift down) will cause an increase in equilibrium GDP and a decrease in the GDP deflator (P) Increases in either AD or AS will not cause any change in potential output. All the answers are correct



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe