Refer to the information provided in Figure 12.6 below to answer the questions that follow.
Figure 12.6
-Refer to Figure 12.6.Suppose the equilibrium output is initially $600 billion.A decrease in the Z factors ________ equilibrium output and ________ the price level.
A)decreases; leaves unchanged
B)leaves unchanged; increases
C)increases; increases
D)increases; decreases

Question

Refer to the information provided in Figure 12.6 below to answer the questions that follow.
  Figure 12.6
-Refer to Figure 12.6.Suppose the equilibrium output is initially $600 billion.A decrease in the Z factors ________ equilibrium output and ________ the price level.
A)decreases; leaves unchanged 
B)leaves unchanged; increases 
C)increases; increases 
D)increases; decreases

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 12.6 below to answer the questions that follow.
  Figure 12.6
-Refer to Figure 12.6.Suppose the equilibrium output is initially $600 billion.A decrease in the Z factors ________ equilibrium output and ________ the price level.
A)decreases; leaves unchanged 
B)leaves unchanged; increases 
C)increases; increases 
D)increases; decreases

Refer to the Information Provided in Figure 12