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Narrbegin Exhibit 14

question 7

Multiple Choice

Narrbegin Exhibit 14.2 Aggregate demand and supply Narrbegin Exhibit 14.2 Aggregate demand and supply    -In Exhibit 14.2, if aggregate demand shifts from AD<sub>2</sub> to AD<sub>1</sub>, real GDP will: A)  not change and the price level will not change. B)  fall from $7 to $4 and the price level will not change. C)  fall from $4 to $3 and the price level will not change. D)  fall from $4 to $3 and the price level will fall from 120 to 100.
-In Exhibit 14.2, if aggregate demand shifts from AD2 to AD1, real GDP will:


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