Business, 14.04.2020 23:49, costel8532

If the economy adjusts through the automatic mechanism, then a decline in aggregate demand causes A. an expansion in the short run and an increase in the price level in the long run. B. a recession in the short run and a decline in the price level in the long run. C. a recession in the short run and an increase in the price level in the long run. D. an expansion in the short run and a decline in the price level in the long run.

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If the economy adjusts through the automatic mechanism, then a decline in aggregate demand causes A....