In the Graphs Below, Q_P Refers to the Economy's Potential

Multiple Choice

In the graphs below, Q_P refers to the economy's potential output level. Refer to the graphs above. In Graph A, a decrease in the price level from P₁ to P₃ will lead to:

A) A decrease in profits, an increase in real output, and a decrease in the unemployment rate
B) A decrease in profits, a decrease in real output, and a decrease in the unemployment rate
C) A decrease in profits, a decrease in real output, and an increase in the unemployment rate
D) An increase in profits, an increase in real output, and a decrease in the unemployment rate