Multiple Choice
The figure below shows the aggregate demand and supply curves for the U.S.The figure given below shows that from the beginning of period 1 to the end of period 2:
A) real GDP decreased and then increased.
B) real GDP increased and then decreased.
C) real GDP fell from $10,000 to $6,000.
D) real GDP rose from $6,000 to $10,000.
E) the inflation rate fell from 4 percent to 1 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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