Refer to the information provided in Figure 31.1 below to answer the question(s) that follow. Figure 31.1
-Refer to Figure 31.1. An economic decline is represented by a movement from
A) point A to point B.
B) point D to point A.
C) point C to point A.
D) point B to point A.

Question

Refer to the information provided in Figure 31.1 below to answer the question(s) that follow.  Figure 31.1
-Refer to Figure 31.1. An economic decline is represented by a movement from
A) point A to point B. 
B) point D to point A. 
C) point C to point A. 
D) point B to point A.

Quizplus · Accepted Answer

A movement from point C to point A represents an economic decline, as it shows a decrease in both price level and output.

Refer to the Information Provided in Figure 31