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-In the Top Panel of the Diagram Above,the Fall in the Price

Question 7

Multiple Choice

-In the top panel of the diagram above,the fall in the price level from P = 12 to P = 10 shifts the planned aggregate expenditure line and ___________ short-run equilibrium output from ___________ to ___________. A) increases;450;500 B) decreases;500;450 C) decreases;500;12 D) increases;10;12 E) decreases;12;10
-In the top panel of the diagram above,the fall in the price level from P = 12 to P = 10 shifts the planned aggregate expenditure line and ___________ short-run equilibrium output from ___________ to ___________.


A) increases;450;500
B) decreases;500;450
C) decreases;500;12
D) increases;10;12
E) decreases;12;10

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