Multiple Choice
Narrbegin Exhibit 14.2 Aggregate demand and supply 
-In Exhibit 14.2, if aggregate demand shifts from AD2 to AD1, real GDP will:
A) not change and the price level will not change.
B) fall from $7 to $4 and the price level will not change.
C) fall from $4 to $3 and the price level will not change.
D) fall from $4 to $3 and the price level will fall from 120 to 100.
Correct Answer:
Verified
Correct Answer:
Verified
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