QUESTION 5 The following occurs as you move from points C to D on the Aggregate Supply graph? Price level (GDP deflator, 2012- 100) 140 130 Price level rises and 120 money wage rote rises by the same percentage 110 100 8 Real GDP below potential GDP 19.0 19.5 LAS Potential GDP SAS 20.0 20.5 21.0 21.5 Real GDP (trillions of 2012 dollars) O Price level and Real GDP remain the same since we're at equilibrium O Price level and Real GDP decrease O Price level and Real GDP increase O Potential GDP increases with the price increase

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