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-Refer to Exhibit 8-3

Question 54

Multiple Choice

-Refer to Exhibit 8-3.A shift in aggregate demand from AD<sub>2</sub> to AD<sub>1</sub> could have been the result of A) a decrease in the price level. B) an increase in the price level. C) businesses become more optimistic about future sales. D) businesses become more pessimistic about future sales.
-Refer to Exhibit 8-3.A shift in aggregate demand from AD2 to AD1 could have been the result of


A) a decrease in the price level.
B) an increase in the price level.
C) businesses become more optimistic about future sales.
D) businesses become more pessimistic about future sales.

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