Multiple Choice
-Refer to Exhibit 8-3.A shift in aggregate demand from AD1 to AD2 could have been the result of
A) a decrease in the price level.
B) an increase in the price level.
C) a decrease in interest rates (which was not prompted by a change in the price level) .
D) an increase in interest rates (which was not prompted by a change in the price level) .
Correct Answer:

Verified
Correct Answer:
Verified
Q47: Which set of changes is definitely predicted
Q48: Which of the following statements represents a
Q49: Changes in which of the following factors
Q50: Which of the following best describes how
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q53: If businesses are optimistic about future sales,the
Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q55: A change in the quantity demanded of
Q56: The real balance effect describes the change
Q57: A rise in the price level prompts