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    Demand and Price relationship

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    Fill in the choice:
    In the long run, an increase in government purchases of military equipment would cause output to ________ and the aggregate price level to ________.

    stay constant; fall
    fall; fall
    fall; stay constant
    stay constant; rise

    © BrainMass Inc. brainmass.com October 9, 2019, 10:23 pm ad1c9bdddf
    https://brainmass.com/economics/pricing-output-decisions/demand-and-price-relationship-218531

    Solution Summary

    This solution helps with a problem involving demand and price relationship.

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