Narrbegin Exhibit 14

question 94

Multiple Choice

Narrbegin Exhibit 14.2 Aggregate demand and supply
-In Exhibit 14.2, if aggregate demand shifts from AD₁ to AD₃, real GDP will:

• A) increase from $3 to $4 and the price level will increase from 100 to 140.
• B) increase from $3 to $7 and the price level will increase from 100 to 140.
• C) increase from $3 to $4 and the price level does not change.
• D) increase from $3 to $7 and the price level will increase from 100 to 120.

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Definitions:

Birds

Warm-blooded vertebrates with feathers, wings, a beak, and typically the ability to fly, laying hard-shelled eggs.

Bipedalism

The ability to walk on two legs, a key characteristic that distinguishes humans and their ancestors from other primates.

Shoulders

The region where the arm connects to the trunk of the body, encompassing several joints, muscles, and tendons, crucial for a wide range of movements.

Extensive Range

A broad area or scope over which something is spread or can operate, often used to describe geographic or ecological distributions.