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Refer to the Diagram Given Below

Question 172

Multiple Choice

Refer to the diagram given below. Refer to the diagram given below. Suppose an increase in aggregate demand shifts AD<sub>1</sub> to AD<sub>2</sub>.At P<sub>1</sub>, the amount of output demanded will be: A) equal to the amount of output supplied. B) greater than the amount of output supplied. C) less than the amount of output supplied. D) at the full-employment level of output. Suppose an increase in aggregate demand shifts AD1 to AD2.At P1, the amount of output demanded will be:


A) equal to the amount of output supplied.
B) greater than the amount of output supplied.
C) less than the amount of output supplied.
D) at the full-employment level of output.

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