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    Macroeconomics Study Set 14
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
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    Figure 24-1 -Refer to Figure 24-1.Ceteris Paribus,a Decrease in the Price Level
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Figure 24-1 -Refer to Figure 24-1.Ceteris Paribus,a Decrease in the Price Level

Question 1

Question 1

Multiple Choice

Figure 24-1
Figure 24-1    -Refer to Figure 24-1.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 24-1.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.

Correct Answer:

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