Figure 24-1 -Refer to Figure 24-1. Ceteris Paribus, an Increase in the Increase

question 86

Multiple Choice

Figure 24-1
-Refer to Figure 24-1. Ceteris paribus, an increase in the price level would be represented by a movement from

• A) AD₁ to AD₂.
• B) AD₂ to AD₁.
• C) point A to point B.
• D) point B to point A.

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