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
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
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
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