743EconomicsMedium
A shift in aggregate supply is likely to?
AIncrease the general price level and increase national income
BIncrease the general price level and reduce national income
CReduce the general price level and increase national income
DReduce the general price level and reduce national income
Correct answer
D. Reduce the general price level and reduce national income
Explanation
The correct answer is Reduce the general price level and reduce national income.