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Figure 7-1 -Refer to Figure 7-1.A Movement from Point a to Point

Question 22

Multiple Choice

Figure 7-1
Figure 7-1 -Refer to Figure 7-1.A movement from point A to point B A) is a change in aggregate demand resulting from a lower price level. B) is change in aggregate quantity demanded resulting from a lower price level. C) could be due to an increase in investment demand. D) occurs because aggregate output supplied has increased.
-Refer to Figure 7-1.A movement from point A to point B

A) is a change in aggregate demand resulting from a lower price level.
B) is change in aggregate quantity demanded resulting from a lower price level.
C) could be due to an increase in investment demand.
D) occurs because aggregate output supplied has increased.

Correct Answer: