389) In which of the following situations would real GDP increase while the price level stayed the same?
Answer is:
The aggregate demand and aggregate supply curves both shifted right by the same amount.
Related Micro Economics MCQ (GK Set-1) with Answers
Answer is:
Between 1990 and 2010, the UK had a lower average rate of unemployment than any other G7 country
Answer is:
The value of its products sold at factor cost
Answer is: