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    Essentials of Economics Study Set 2
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    Exam 15: Aggregate Demand and Aggregate Supply Analysis
  5. Question
    Figure 15-1 -Refer to Figure 15-1.Ceteris Paribus,a Decrease in the Price Level
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Figure 15-1 -Refer to Figure 15-1.Ceteris Paribus,a Decrease in the Price Level

Question 120

Question 120

Multiple Choice

Figure 15-1
Figure 15-1    -Refer to Figure 15-1.Ceteris paribus,a decrease in the price level would be represented by a movement from A)  AD₁ to AD₂. B)  AD₂ to AD₁. C)  point A to point B. D)  point B to point A.
-Refer to Figure 15-1.Ceteris paribus,a decrease in the price level would be represented by a movement from


A) AD₁ to AD₂.
B) AD₂ to AD₁.
C) point A to point B.
D) point B to point A.

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