Multiple Choice
Narrbegin Exhibit 14.2 Aggregate demand and supply
-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.
Correct Answer:

Verified
Correct Answer:
Verified
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