Using Figure 1 Above, If the Aggregate Demand Curve Shifts

question 144

Multiple Choice

Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD1 the result in the short run would be:

• A) P1 and Y1.
• B) P3 and Y1.
• C) P4 and Y1.
• D) P4 and Y2.

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