Other things being equal, the higher the price level, the lower the level of domestic output purchased. This occurs because of: the real-balances…
September 3, 2020
19 ) Which of the following exhibits the concept of an expenditure equilibrium ?
September 3, 2020

I think its A) impact the price level only I don’t know if this is right

11 ) Shifts in the aggregate demand willwhen the long – run aggregate supply curve is vertical .A ) impact the price level onlyB ) impact both real income and employmentC) impact the level of employment onlyD ) impact real income only*

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