Figure 15-4 -In Figure 15-4,if Initial Equilibrium Is at Point a and Point

Multiple Choice

Figure 15-4
-In Figure 15-4,if initial equilibrium is at point A and there is an anticipated increase in aggregate demand from A D₁ to A D₂ due to an anticipated increase in the money supply,then

A) the economy will move directly from point A to point C without passing through point B.
B) the economy will move directly from point A to point B,and will remain at point B in the long run.
C) the price level will shift to P₂ in the short run.
D) the price level will shift to P₂ in the long run.