In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?
In this case, AS is vertical and AD is downward sloping, hence if AD shifts right, at new equilibrium there is increase in price and no change in output.
Which of the following bonds have a variable rate of interest?
What is India’s rank in TRACE Bribery Risk Matrix (TRACE Matrix) 2021?
Which company has extended its partnership with Australia and New Zealand Banking Group Limited (ANZ) with a new digital transformation deal for the ban...
Which facility is NOT included in the advanced testing facilities provided by the UDAAN programme for drone startups?
Recently, the community in Enga province experienced significant devastation as a result of a collapse at Mount Mungalo. In which country is Mount Munga...
Google Wallet's launch in India differs from its US version primarily by not supporting:
Who won the gold medal in the 200m individual medley at the 2023 World Aquatics Championships?
Which country has been made elected chair of the 62nd session of the UN Commission?
Who has become India's 80th Grandmaster in Chess?
Where did India and Netherlands sign the Memorandum of Intent (MoI) for cooperation on medical product regulation?
