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Figure 9.1 -Refer to Figure 9.1. When the Price Level Drops and Drops

Question 163

Multiple Choice

Figure 9.1 -Refer to Figure 9.1. When the price level drops and causes a higher net exports, it is illustrated as: A) an aggregate demand curve shift from AD<sub>1</sub><sub> </sub>to AD<sub>0</sub>. B) an aggregate demand curve shift from AD<sub>1</sub><sub> </sub>to AD<sub>2</sub>. C) a move from Point A to Point B, but not a shift of the aggregate demand curve. D) a move from Point B to Point A, but not shift of the aggregate demand curve. Figure 9.1
-Refer to Figure 9.1. When the price level drops and causes a higher net exports, it is illustrated as:


A) an aggregate demand curve shift from AD1 to AD0.
B) an aggregate demand curve shift from AD1 to AD2.
C) a move from Point A to Point B, but not a shift of the aggregate demand curve.
D) a move from Point B to Point A, but not shift of the aggregate demand curve.

Correct Answer:

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