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 the economy is currently at Point B and policy makers implement a policy which decreases the aggregate demand curve to AD1,
A) the price level will rise.
B) the price level will fall.
C) GDP will rise.
D) the inflation rate will rise.
Correct Answer:

Verified
Correct Answer:
Verified
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