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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Introduction to Macroeconomics
  5. Question
    The Figure Below Shows the Aggregate Demand and Supply Curves
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The Figure Below Shows the Aggregate Demand and Supply Curves

Question 2

Question 2

Multiple Choice

The figure below shows the aggregate demand and supply curves for the U.S.The figure given below shows that the price level changes from _____ when the aggregate supply curve shifts from AS' to AS''.
The figure below shows the aggregate demand and supply curves for the U.S.The figure given below shows that the price level changes from _____ when the aggregate supply curve shifts from AS' to AS''.   A) 4 to 2 B) 2 to 3 C) 2 to 2 D) 3 to 1 E) 2 to 4


A) 4 to 2
B) 2 to 3
C) 2 to 2
D) 3 to 1
E) 2 to 4

Correct Answer:

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