Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD1 the result in the short run would be:
A) P1 and Y1.
B) P3 and Y1.
C) P4 and Y1.
D) P4 and Y2.

Question

Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD1 the result in the short run would be: 
A) P1 and Y1. 
B) P3 and Y1. 
C) P4 and Y1. 
D) P4 and Y2.

Quizplus · Accepted Answer

The Answer of Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD1 the result in the short run would be: 
A) P1 and Y1. 
B) P3 and Y1. 
C) P4 and Y1. 
D) P4 and Y2.

Using Figure 1 Above, If the Aggregate Demand Curve Shifts