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QUESTION
If the economy is near full employment, a short-run increase in the gross domestic product (GDP) will: A) lead to a fall in the aggregate price...
If the economy is near full employment, a short-run increase in the gross domestic product (GDP) will:
A) lead to a fall in the aggregate price level.
B) lead to a rise in the aggregate price level.
C) lead to a fall in wage rates.
D) have no effect on the aggregate price level.
