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Diagram 1 Refer to Diagram 1 Above, a Shift

Question 3

Multiple Choice

Diagram 1 Diagram 1 Refer to Diagram 1 above, a shift in aggregate demand would lead to only modest inflation in the case of: A) AD<sub>1</sub> to AD<sub>2</sub> B) AD<sub>2</sub> to AD<sub>1</sub> C) AD<sub>4</sub> to AD<sub>5</sub> D) AD<sub>5</sub> to AD<sub>4</sub> Refer to Diagram 1 above, a shift in aggregate demand would lead to only modest inflation in the case of:


A) AD1 to AD2
B) AD2 to AD1
C) AD4 to AD5
D) AD5 to AD4

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