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If aggregate demand rises what happens to real GDP what happens to the price level?
Inflation.
What would cause the aggregate demand curve to shift to the right?
The aggregate demand curve will shift to the right as the economy expands. When that happens, the quantity of output demanded for a given price level rises.
What happens going from left to right on the aggregate demand curve real GDP?
rises as price level falls
What happens to prices and output in short run when Short-run aggregate demand shifts left?
Prices rise, output rises
Going left to right on the aggregate demand curve real GDP?
rises as price level falls
If aggregate demand rises what happens to real GDP what happens to the price level?
Inflation.
What would cause the aggregate demand curve to shift to the right?
The aggregate demand curve will shift to the right as the economy expands. When that happens, the quantity of output demanded for a given price level rises.
What happens going from left to right on the aggregate demand curve real GDP?
rises as price level falls
What happens to prices and output in short run when Short-run aggregate demand shifts left?
Prices rise, output rises
Going left to right on the aggregate demand curve real GDP?
rises as price level falls
Going from left to right on the aggregate demand curve real GDP .?
rises as price level falls
What happens to pulse rate when activities demand more body movements?
It rises.
What happens to the equilibrium when supply rises and demand stays the same?
Shortage will occur.
What happens when demand rises by more than supply rises?
Then more people will be employed and the unemployment rates will go down
What happens to the equilibrium price and quantity when demand rises less than supply rises?
When price and quantity demanded rises less than supply rises then shortage of goods create.
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
Definition of demand-pull inflation?
Demand-pull Inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve. This is commonly described as "too much money chasing too few goods".
