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-Refer to Figure 11

Question 15

Multiple Choice

-Refer to Figure 11.3.Assume aggregate demand is represented by AD<sub>1</sub> and full-employment output is $5.6 trillion.To restore price stability,the AD curve must shift A) Leftward by $400 billion. B) Leftward by $800 billion. C) Rightward by $400 billion. D) Rightward by $800 billion.
-Refer to Figure 11.3.Assume aggregate demand is represented by AD1 and full-employment output is $5.6 trillion.To restore price stability,the AD curve must shift


A) Leftward by $400 billion.
B) Leftward by $800 billion.
C) Rightward by $400 billion.
D) Rightward by $800 billion.

Correct Answer:

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