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-Refer to the Above Diagram

Question 190

Multiple Choice

-Refer to the above diagram.If AD<sub>1</sub> shifts to AD<sub>2</sub>,then the equilibrium output and price level are: A) P<sub>1</sub> and Q<sub>3</sub>. B) P<sub>2</sub> and Q<sub>3</sub>. C) P<sub>1</sub> and Q<sub>2</sub>. D) P<sub>2</sub> and Q<sub>2</sub>.
-Refer to the above diagram.If AD1 shifts to AD2,then the equilibrium output and price level are:


A) P1 and Q3.
B) P2 and Q3.
C) P1 and Q2.
D) P2 and Q2.

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