Multiple Choice
Use the following diagram to answer the following questions.
-Refer to Real GDP. An increase in the price level is most likely to cause:
A) a shift from AS₁ to AS₂.
B) a shift from AS₂ to AS₁.
C) a movement from point A to point B.
D) a movement from point B to point A.
Correct Answer:
Verified
Correct Answer:
Verified
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