Post Utme Lead City University 2019 Economics Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2019 Economics Objective / Multiple Choice

Question 11 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

An economy is said to be experiencing a state of disequilibrium if the aggregate demand curve shifts to the right, cau\sing the price level to rise. What is the likely effect on the real GDP?

Answer Options

A. The real GDP will increase

Correct Answer B. The real GDP will decrease

C. The real GDP will remain unchanged

D. The effect on real GDP is ambiguous

Correct Answer

Correct Option:

The real GDP will decrease

About This Question

This is Post Utme Lead City University 2019 Economics Question 11. It is one of the objective questions from the 2019 Post Utme Lead City University Economics examination.

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