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Narrbegin Exhibit 14

Question 42

Multiple Choice

Narrbegin Exhibit 14.2 Aggregate demand and supply Narrbegin Exhibit 14.2 Aggregate demand and supply    -In Exhibit 14.2, if aggregate demand shifts from AD<sub>3</sub> to AD<sub>4</sub>, real GDP will: A)  rise from $7 to $8 and the price level will rise from 120 to 140. B)  rise from $7 to $8 and the price level will rise from 120 to 170. C)  rise from $7 to $8 and the price level will rise from 100 to 140. D)  not change and the price level will rise from 120 to 140.
-In Exhibit 14.2, if aggregate demand shifts from AD3 to AD4, real GDP will:


A) rise from $7 to $8 and the price level will rise from 120 to 140.
B) rise from $7 to $8 and the price level will rise from 120 to 170.
C) rise from $7 to $8 and the price level will rise from 100 to 140.
D) not change and the price level will rise from 120 to 140.

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