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This Question: 1 pt When the quantily of real GDP demanded exceeds the quantity of real GDP supplied, firms O A decease production and prices O B Increase production and lower prices O C decrease production and increase prices O D Iscrease production and prices OE de not change production because aggregate demand and potential GDP will adjust your answer lype here to 0

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When the quantity of real GDP demanded exceeds the quantity of real GDP supplied, firms
D) increase production and prices.

When the quantity of real GDP demanded exceeds the quantity of real GDP supplied, firms increase production and prices.

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