An increase in short-run aggregate supply could decrease nominal GDP.

Name: An increase in short-run aggregate supply could decrease nominal GDP.
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An increase in short-run aggregate supply can lead to a decrease in prices, which in turn could decrease nominal GDP if quantity produced and sold also decreases. This can happen if demand for goods and services does not increase to match the increase in supply.

An Increase in Short-Run Aggregate Supply Could Decrease Nominal GDP