Answer:
D. Real GDP will remain the same and price level will increase
Explanation:
I just answered this one and got it wrong box of the first person who answered it but D is the right choice
The outcome of an increase in aggregate demand (AD) on price level and output with respect to long-run equilibrium is that: D. Real GDP will remain the same and price level will increase.
Aggregate demand (AD) refers to the total quantity or amount of output (finished goods and services) which is demanded by consumers at all possible price levels in an economy at a specific period of time.
A price level can be defined as the amount of money for a which a seller is willing to sell a finished good or service to a consumer at a specific period of time.
Under the long-run equilibrium, an increase in aggregate demand (AD) on price level and output (finished goods and services) would cause a subsequent increase in the price level of goods and services while Real gross domestic product (GDP) would remain the same because it is not influenced by a change in price.
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