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According to classical economics, a decrease in aggregate demand causes the price level to in the long run. in contrast, an increase in aggregate demand causes the price level to in the long run. these changes occur because of.

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  1. Today, 12:56
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    According to classical economics, a decrease in aggregate demand causes the price level to decrease in the long run. In contrast, an increase in aggregate demand causes the price level to increase in the long run. These changes occur because of price flexibility, which is a m ethod of selling where the prices are open to negotiations between buyers and sellers.
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