Lukecrayonz
  • Lukecrayonz
Can anyone help with economics?
Mathematics
jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
Depends on the question, i think..
Colcaps
  • Colcaps
question?
Lukecrayonz
  • Lukecrayonz
|dw:1349871139774:dw|

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Lukecrayonz
  • Lukecrayonz
@Colcaps Suppose that the demand for all goods and services in the economy increases from AD1 to AD2. What is the new short-run equilibrium price level (P) and quantity of output?
Lukecrayonz
  • Lukecrayonz
P2 Q2?
Lukecrayonz
  • Lukecrayonz
Assuming the short-run aggregate supply curve is upward sloping, an increase in short-run aggregate supply, while aggregate demand remains unchanged, results in a ____ price level, ____ output (real GDP) and _____ unemployment
Colcaps
  • Colcaps
ahhh i quit i kinda remember the price level i think your going to use P1-P2/Q1-Q2 im not sure tbh

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