Multiple Choice
Diagram 1
-Refer to Diagram 1 above.A shift in aggregate demand would lead to a substantial drop in inflation and for a moderate decline in national income in the case of
A) AD₄ to AD₃.
B) AD₂ to AD₃.
C) AD₄ to AD₅.
D) AD₅ to AD₄.
Correct Answer:

Verified
Correct Answer:
Verified
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