Multiple Choice
11.3 The Final Equilibrium
Refer to the information provided in Figure 11.6 below to answer the questions that follow. Figure 11.6
-Refer to Figure 11.6. Suppose the equilibrium price level is 110. An increase in the Z factors ________ equilibrium output and ________ the price level.
A) decreases; leaves unchanged
B) leaves unchanged; increases
C) increases; increases
D) decreases; decreases
Correct Answer:

Verified
Correct Answer:
Verified
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