Use the following to answer questions :
Figure: Classical Versus Keynesian Macroeconomics 
-(Figure: Classical Versus Keynesian Macroeconomics) Look at the figure Classical Versus Keynesian Macroeconomics. According to the classical view, if this economy shifts from AD1 to AD2, perhaps because of a large decline in investment spending by businesses, the price level will _____ and real GDP will _____.
Definitions:
Metro Group
A global diversified retail and wholesale/cash and carry group, focusing on food and general merchandise but also offering a variety of services.
CarMax
An American used car retailer known for a no-haggle buying and selling process, offering a large inventory of vehicles.
No-Haggle
A sales strategy where the seller sets a fixed price for a product or service, eliminating negotiation on the price.
Sales Policy
A set of guidelines and directives that govern how sales operations and activities are conducted within an organization.
Q56: Most economists favor discretionary monetary policy because
Q79: (Figure: The Loanable Funds Model in the
Q93: New classical economics:<br>A)focuses on short-run economic fluctuations.<br>B)returns
Q110: When workers and firms become aware of
Q163: Since fiscal policy can be manipulated by
Q167: When borrowers don't respond to short-term interest
Q198: Suppose that the public expects inflation to
Q259: According to Keynes, changes in business confidence
Q311: If crowding out occurs:<br>A)increases in consumption are
Q320: The Great Depression was ended in the