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Exhibit 14-7 Aggregate Supply and Demand Curves

Question 135

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Exhibit 14-7 Aggregate supply and demand curves
Exhibit 14-7 Aggregate supply and demand curves   In Exhibit 14-7, if aggregate demand increases from AD<sub>1</sub> to AD<sub>2</sub>, A)  output and prices will increase. B)  output and prices will decrease. C)  output alone will increase. D)  prices alone will increase.
In Exhibit 14-7, if aggregate demand increases from AD1 to AD2,


A) output and prices will increase.
B) output and prices will decrease.
C) output alone will increase.
D) prices alone will increase.

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