Multiple Choice
Use the following to answer questions:
Figure: AD-AS Model II
-(Figure: AD-AS Model II) Refer to Figure: AD-AS Model II. Which occurrence will raise the price level?
A) SRAS curve shifts to the left.
B) SRAS curve shifts to the right.
C) AD curve shifts to the left.
D) The economy moves down the aggregate demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
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