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-Refer to the Above Diagram

Question 68

Multiple Choice

-Refer to the above diagram.If aggregate supply shifts from AS<sub>1</sub> to AS<sub>3</sub>,then real domestic output will: A) increase and the price level will increase. B) increase and the price level will decrease. C) decrease and the price level will increase. D) decrease and the price level will decrease.
-Refer to the above diagram.If aggregate supply shifts from AS1 to AS3,then real domestic output will:


A) increase and the price level will increase.
B) increase and the price level will decrease.
C) decrease and the price level will increase.
D) decrease and the price level will decrease.

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