Refer to the information provided in Figure 26.6 below to answer the question(s) that follow. Figure 26.6
-Refer to Figure 26.6. Suppose the equilibrium price level is 110. An increase in the Z factors ________ equilibrium output and ________ the price level.
A) decreases; leaves unchanged
B) leaves unchanged; increases
C) increases; increases
D) decreases; decreases

Question

Refer to the information provided in Figure 26.6 below to answer the question(s) that follow.  Figure 26.6
-Refer to Figure 26.6. Suppose the equilibrium price level is 110. An increase in the Z factors ________ equilibrium output and ________ the price level.
A) decreases; leaves unchanged 
B) leaves unchanged; increases 
C) increases; increases 
D) decreases; decreases

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 26.6 below to answer the question(s) that follow.  Figure 26.6
-Refer to Figure 26.6. Suppose the equilibrium price level is 110. An increase in the Z factors ________ equilibrium output and ________ the price level.
A) decreases; leaves unchanged 
B) leaves unchanged; increases 
C) increases; increases 
D) decreases; decreases

Refer to the Information Provided in Figure 26