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-Refer to Exhibit 8-3

Question 52

Multiple Choice

  -Refer to Exhibit 8-3.A shift in aggregate demand from AD<sub>1</sub> to AD<sub>2</sub> 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) .
-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) .

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