Which of the following is a lesson concerning shifts in aggregate demand?
A)they contribute to fluctuations in output.
B)in the long-run they change real output,but not the price level.
C)policymakers are unable to mitigate the severity of economic fluctuations.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Shifts in aggregate demand contribute to fluctuations in output, as changes in demand can lead to changes in production and employment levels. In the long run, however, they primarily affect the price level rather than real output, and policymakers can take actions to mitigate economic fluctuations.

Which of the Following Is a Lesson Concerning Shifts in Aggregate