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-Refer to the Graphs in the Exhibit

Question 62

Multiple Choice

-Refer to the graphs in the exhibit.What happens to the equilibrium price level in period 1 as the aggregate demand curve shifts from AD to AD'?   A)  It falls from 4 to 1.  B)  It falls from 4 to 3.  C)  It rises from 3 to 4.  D)  It rises from 1 to 4. -Refer to the graphs in the exhibit.What happens to the equilibrium price level in period 1 as the aggregate demand curve shifts from AD to AD'?   A)  It falls from 4 to 1.  B)  It falls from 4 to 3.  C)  It rises from 3 to 4.  D)  It rises from 1 to 4.
-Refer to the graphs in the exhibit.What happens to the equilibrium price level in period 1 as the aggregate demand curve shifts from AD to AD'?  


A)  It falls from 4 to 1. 
B)  It falls from 4 to 3. 
C)  It rises from 3 to 4. 
D)  It rises from 1 to 4.

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