-If Aggregate Demand Shifts from AD1 to AD2

question 227

Multiple Choice

-If aggregate demand shifts from AD1 to AD2,

• A)both output and the price level will rise.
• B)output will rise and the price level will fall.
• C)output will rise and the price level will remain the same.
• D)both output and the price level will fall.
• E)output will fall and the price level will rise.

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