Moving upward along the SAS results in a ________ in the price level and ________ in real GDP.
A. rise; an increase
B. rise; a decrease
C. fall; an increase
D. fall; a decrease
Answer:A
Moving upward along the SAS results in a ________ in the price level and ________ in real GDP.
A. rise; an increase B. rise; a decrease C. fall; an increase D. fall; a decrease