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Figure 11.3: -Using Figure 11.3,a Shift in Aggregate Demand from AD2 to from AD2

Question 132

Multiple Choice

Figure 11.3: Figure 11.3: -Using Figure 11.3,a shift in aggregate demand from AD<sub>2</sub> to AD<sub>1</sub>,ceteris paribus,is most likely to cause: A) An increase in real output and an increase in the price level. B) An increase in real output and a decrease in the price level. C) A decrease in real output and an increase in the price level. D) A decrease in real output and a decrease in the price level.
-Using Figure 11.3,a shift in aggregate demand from AD2 to AD1,ceteris paribus,is most likely to cause:


A) An increase in real output and an increase in the price level.
B) An increase in real output and a decrease in the price level.
C) A decrease in real output and an increase in the price level.
D) A decrease in real output and a decrease in the price level.

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