QUESTION 11 Exhibit 8-3 Price Level (P) \"U a \"TI ____[____ 0. 02 03 Real GDP (0) Refer to Exhibit 8-3. A shift in aggregate demand from AD1 to AD2 would have been the result of O a. a decrease in the price level. 0 b, an increase in the price level. 0 c. an increase in foreign real national income. 0 d,a decrease in foreign real national income. LRAS SRAS SRASZ SRAS, D A Price Level R ON = Natural Real GDP AD Q 1 ON 2 Real GDP Refer to Exhibit 9-3. The economy is in long-run equilibrium at point O a. A Ob. B O c. C O d. D and E