Asked by Ronald Blair on May 19, 2024

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When the economy is in the Keynesian range,an increase in aggregate demand will increase _____ without increasing ____.

Keynesian Range

A portion of the Keynesian aggregate supply curve where total production is influenced by changes in aggregate demand, leading to fluctuations in output and employment levels.

Aggregate Demand

Aggregate demand represents the total demand for goods and services within a specified economy at a given overall price level and in a given time period.

  • Illustrate the effects of changes in aggregate demand on the economy.
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Valerie GarciaMay 21, 2024
Final Answer :
real GDP;prices