Exhibit 8-3

-Refer to Exhibit 8-3. A shift in aggregate demand from AD? to AD? would have been the result of
A) a decrease in the price level.
B) an increase in the price level.
C) businesses become more optimistic about future sales.
D) businesses become more pessimistic about future sales.

Question

Exhibit 8-3
 
-Refer to Exhibit 8-3. A shift in aggregate demand from AD? to AD? would have been the result of
A) a decrease in the price level. 
B) an increase in the price level. 
C) businesses become more optimistic about future sales. 
D) businesses become more pessimistic about future sales.

Quizplus · Accepted Answer

The Answer of Exhibit 8-3
 
-Refer to Exhibit 8-3. A shift in aggregate demand from AD? to AD? would have been the result of
A) a decrease in the price level. 
B) an increase in the price level. 
C) businesses become more optimistic about future sales. 
D) businesses become more pessimistic about future sales.

Exhibit 8-3 -Refer to Exhibit 8-3. a Shift in Aggregate Demand from in Aggregate