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Refer to the Information Provided in Figure 14

Question 242

Multiple Choice

Refer to the information provided in Figure 14.2 below to answer the questions that follow. Refer to the information provided in Figure 14.2 below to answer the questions that follow. Figure 14.2 -Refer to Figure 14.2. If the economy is currently at Point B and policy makers implement a policy which decreases the aggregate demand curve to AD<sub>1</sub>, A) the price level will rise. B) the price level will fall. C) GDP will rise. D) the inflation rate will rise. Figure 14.2
-Refer to Figure 14.2. 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.

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