Multiple Choice
Refer to the information provided in Figure 15.2 below to answer the questions that follow.
Figure 15.2
-Refer to Figure 15.2.If economic policy causes aggregate demand curve shifts from AD2 to AD1,then
A) output decreases to Y0 and the price level decreases to P0.
B) output decreases to less than Y1.
C) the price level decreases lower than P0 and output decreases to Y0.
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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