A) raise real GDP without increasing the price level.
B) raise real GDP and the price level.
C) raise real GDP and decrease the price level.
D) raise the price level alone, but cannot increase real GDP.
ANSWER:
B
A) raise real GDP without increasing the price level.
B) raise real GDP and the price level.
C) raise real GDP and decrease the price level.
D) raise the price level alone, but cannot increase real GDP.
ANSWER:
B