No Inbox - boyu18 x https://api.turn x = Report - Goog X Content X https://api.turr x P Take a Test - E X C 4. Explain The X Q Econ Ch1541 X Assets vs Liab X C mathxl.com/Student/PlayerTest.aspx?testld=230781927¢erwin=yes GZ iii AZA No Gmail YouTube Courses BU Student Link Menu P Piazza CodingBat Python Mylab P Pearson Norton Gradescope Python Tutor 171 CS 111: Home BU EC 102 AA/BB Introductory Macro Analysis FA 21 Boyu Zhu & 12/01/21 9:50 PM Quiz: Problem Set 8 Question 11 of 25 This quiz: 25 point(s) possible This question: 1 point(s) possible Submit quiz Consider the figures below and determine which is the best description of what causes the shift from AD, to AD2. Example (A) Example (B) LRAS SRAS LRAS SRAS P2 Price level (GDP deflator) Price Level: (GDP deflator) AD 1 AD2 ly2 y1 AD 2 By1 y2 AD 1 Real GDP Real GDP A. Example A shows a contractionary monetary policy. The price level and real GDP both fall. O B. Example B shows an expansionary monetary policy. The price level and real GDP both rise. O C. Example A shows an expansionary monetary policy. The price level rises and real GDP falls. O D. Both examples show expansionary monetary policy. The price level and real GDP both rise. O E. Both A and B. Next