Figure 14.2 -Using Figure 14.2,a shift in aggregate demand from AD₁ to AD₂ will cause,ceteris paribus: A) An increase in real output and an increase in the price level. B) An increase in real output,but no change in the price level. C) An increase in price level,but no change in real output. D) A decrease in the price level,but no change in real output.

Question

Quizplus · Accepted Answer

The Answer of Figure 14.2 -Using Figure 14.2,a shift in aggregate demand from AD₁ to AD₂ will cause,ceteris paribus: A) An increase in real output and an increase in the price level. B) An increase in real output,but no change in the price level. C) An increase in price level,but no change in real output. D) A decrease in the price level,but no change in real output.