Exhibit 14-8 Aggregate Demand and Supply

question 185

Multiple Choice

Exhibit 14-8 Aggregate demand and supply

-In Exhibit 14-8,if aggregate demand shifts from AD₁ to AD₂,

• A) real GDP will increase from $3.0 to $7.0, and the price level will remain the same.
• B) real GDP will increase from $3.0 to $4.0, and the price level will remain the same.
• C) real GDP and the price level will both remain the same.
• D) real GDP will increase from $3.0 to $4.0, and the price level will increase from 100 to 140.

---

Definitions:

Contact

A point at which two or more things come together, or a means of communication or interaction between people or organizations.

Defamation

The act of damaging someone's reputation by making false or harmful statements.

Publication

The act of making content available to the general public, typically through printing, broadcasting, or online media.

Liability

Liability is the legal responsibility for one's actions or for a particular outcome, often involving the obligation to pay damages or compensation.