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Figure 11.3: -Using Figure 11.3,a Shift in Aggregate Supply from AS2 to from AS2

Question 45

Multiple Choice

Figure 11.3: Figure 11.3: -Using Figure 11.3,a shift in aggregate supply from AS<sub>2</sub> to AS<sub>1</sub>,ceteris paribus,is most likely to cause: A) A decrease in the price level,but no change in real output. B) A decrease in the price level and an increase in real output. C) An increase in the price level,but no change in real output. D) An increase in the price level and an increase in real output.
-Using Figure 11.3,a shift in aggregate supply from AS2 to AS1,ceteris paribus,is most likely to cause:


A) A decrease in the price level,but no change in real output.
B) A decrease in the price level and an increase in real output.
C) An increase in the price level,but no change in real output.
D) An increase in the price level and an increase in real output.

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