AS-AD model, the result will be ________ in real GDP and ________ in the price level.
A. an increase; an increase
B. an increase; a decrease
C. a decrease; an increase
D. a decrease; a decrease
Answer:D
AS-AD model, the result will be ________ in real GDP and ________ in the price level.
A. an increase; an increase B. an increase; a decrease C. a decrease; an increase D. a decrease; a decrease