The Figure Below Shows the Aggregate Demand and Supply Curves

question 103

Multiple Choice

The figure below shows the aggregate demand and supply curves for the U.S.In this figure,as the aggregate demand curve shifts from AD to AD',the equilibrium price level in period 1:​ ​
Figure 5.2
​

• A)increases from 3 to 4.
• B)decreases from 4 to 3.
• C)decreases from 4 to 1.
• D)increases from 1 to 4.
• E)decreases from 4 to 2.

---

Definitions:

Competitive Group

A group structured around achieving objectives in a manner that involves rivalry or competition among its members.

Withholder

An individual who deliberately chooses not to share information, emotions, or resources, often leading to communication barriers or relationship issues.

Eager Beaver

An extremely enthusiastic and hardworking person, often one who takes on more tasks or responsibilities voluntarily.

Nonoperational Goal

A goal that is not defined clearly enough to be measurable or observable.