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  3. Study Set
    Macroeconomics Study Set 22
  4. Exam
    Exam 12: Aggregate Demand and Aggregate Supply
  5. Question
    -Refer to the Above Diagram
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-Refer to the Above Diagram

Question 167

Question 167

Multiple Choice

  -Refer to the above diagram.When AD<sub>1</sub> shifts to AD<sub>2</sub>,then at P<sub>1</sub>Q<sub>3</sub> output demanded will: A)  equal output supplied. B)  exceed output supplied. C)  be less than output supplied. D)  be at stable full-employment GDP.
-Refer to the above diagram.When AD1 shifts to AD2,then at P1Q3 output demanded will:


A) equal output supplied.
B) exceed output supplied.
C) be less than output supplied.
D) be at stable full-employment GDP.

Correct Answer:

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