According to the graphs, a decrease in the aggregate price level would cause a shift from: Planned aggregate spending D B 45-degree line AE AE Y₁ Yz Real GDP Aggregate price level F 9- P2 a. A to B b. B to C OCC to B d. A to C G Y₁ Y₂ AD Real GDP

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 12P
Question
According to the two graphs, a decrease in the aggregate price level would cause a shift from: a. A to B b. B to C c. C to B (WRONG ANSWER) d. A to C
According to the graphs, a decrease in the aggregate price level would cause a shift from:
Planned
aggregate
spending
D
B
45-degree line
AE
AE
Y₁
Yz
Real GDP
Aggregate
price level
F
9-
P2
a. A to B
b. B to C
OCC to B
d. A to C
G
Y₁
Y₂
AD
Real GDP
Transcribed Image Text:According to the graphs, a decrease in the aggregate price level would cause a shift from: Planned aggregate spending D B 45-degree line AE AE Y₁ Yz Real GDP Aggregate price level F 9- P2 a. A to B b. B to C OCC to B d. A to C G Y₁ Y₂ AD Real GDP
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