a. When there is a decrease in the price level, all else held equal, net exports will the quantity of real GDP demanded. fall ,which causes adecrease v ' In b. Use the aggregate demand graph to illustrate the effect of net exports on aggregate demand when there is a decrease in the price level, all else held equal, Instructions: Use the tool provided 'New Point' to plot a single point that shows the effect of net exports on aggregate demand (plot onlyl point). Aggregate Demand Tools "9 New Point 6 > (D _l G) . .2 5 i EV, ' O