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-Refer to the Graphs in the Exhibit

Question 89

Multiple Choice

-Refer to the graphs in the exhibit.In period 4, the price level starts at 2.When the aggregate supply curve shifts from AS' to AS'' what happens to the price level?   A)  It changes to 1.  B)  It changes to 2.  C)  It changes to 3.  D)  It changes to 4. -Refer to the graphs in the exhibit.In period 4, the price level starts at 2.When the aggregate supply curve shifts from AS' to AS'' what happens to the price level?   A)  It changes to 1.  B)  It changes to 2.  C)  It changes to 3.  D)  It changes to 4.
-Refer to the graphs in the exhibit.In period 4, the price level starts at 2.When the aggregate supply curve shifts from AS' to AS'' what happens to the price level?  


A)  It changes to 1. 
B)  It changes to 2. 
C)  It changes to 3. 
D)  It changes to 4.

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