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Exhibit 5-1

question 115

Multiple Choice

Exhibit 5-1 Exhibit 5-1     -In Exhibit 5-1,what happens to the equilibrium price level in period 1 as the aggregate demand curve shifts from AD to AD' A) nothing B) falls from 4 to 3 C) falls from 4 to 1 D) rises from 1 to 4 E) falls from 4 to 2 Exhibit 5-1     -In Exhibit 5-1,what happens to the equilibrium price level in period 1 as the aggregate demand curve shifts from AD to AD' A) nothing B) falls from 4 to 3 C) falls from 4 to 1 D) rises from 1 to 4 E) falls from 4 to 2
-In Exhibit 5-1,what happens to the equilibrium price level in period 1 as the aggregate demand curve shifts from AD to AD'


Definitions:

Inconsistent Warranties

Situations where the guarantees or assurances provided on products or services conflict with each other.

Dominant

Exerting power or influence over others; often used to describe a company or country in a position of authority within its field or region.

Warranty of Title

A guarantee provided by a seller to a buyer that the seller has the right to sell the property and that there are no undisclosed liens, claims, or encumbrances against it.

Good and Valid

A legal term indicating that a document, agreement, or transaction is legally sound and effectively in place.

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