Figure 11.1 -Refer to Figure 11.1...Assume the Economy Is in Equilibrium at Is

Multiple Choice

Figure 11.1

-Refer to Figure 11.1...Assume the economy is in equilibrium at Ȳ₁ = 0.Other things equal,a negative demand shock such as the Great Recession would result in a movement from point ________ to point ________.

A) A; B
B) B; A
C) A; C
D) A; D