Assuming we are producing near full capacity, an increase in demand (a shift to the right in AD) will result in which of the following?
A. An increase in real GDP
B. An increase in the inflation rate
C. A shift in the AS curve
D. Movement along the AS curve

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14-11-2022
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Assuming we are producing near full capacity, an increase in demand (a shift to the right in AD) will result in which of the following?
A. An increase in real GDP
B. An increase in the inflation rate
C. A shift in the AS curve
D. Movement along the AS curve

Respuesta :

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rafikiedu03 rafikiedu03 · Answer 1 · 2022-11-17T05:23:31+01:00

An increase in demand (a shift to the right in AD) will result in An increase in real GDP.

Gross home product (GDP) is a economic degree of the marketplace fee of all of the very last items and offerings produced and sold (no longer resold) in a particular term via countries.[2][3] due to its complex and subjective nature this degree is frequently revised before being considered a dependable indicator. GDP (nominal) per capita does no longer, but, mirror variations inside the fee of living and the inflation costs of the nations; consequently, the usage of a basis of GDP according to capita at buying strength parity (PPP) may be extra useful while evaluating living standards between nations, whilst nominal GDP is greater beneficial comparing national economies on the worldwide market.

Learn more about GDP here

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Assuming we are producing near full capacity, an increase in demand (a shift to the right in AD) will result in which of the following? A. An increase in real GDP B. An increase in the inflation rate C. A shift in the AS curve D. Movement along the AS curve

Respuesta :

Otras preguntas

Assuming we are producing near full capacity, an increase in demand (a shift to the right in AD) will result in which of the following?
A. An increase in real GDP
B. An increase in the inflation rate
C. A shift in the AS curve
D. Movement along the AS curve