Exhibit 22-3 in Exhibit 22-3,at Point C an Increase

question 123

Multiple Choice

Exhibit 22-3 In Exhibit 22-3,at point C an increase in AD would lead to:

• A) an increase in the price level and an increase in real GDP.
• B) an increase in the price level and a decrease in real GDP.
• C) an increase in the price level and no change in real GDP.
• D) no change in the price level and an increase in real GDP.