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Question 2 If personal income increases, a.aggregate demand will increase and shift left. b.aggregate demand will decrease and shift left. c.aggregate demand will increase and

Question 2

If personal income increases,

a.aggregate demand will increase and shift left.

b.aggregate demand will decrease and shift left.

c.aggregate demand will increase and shift right.

d.aggregate demand will decrease and shift right.

e.there will be a movement along the aggregate demand curve.

Question 3

SRAS3 Price Level SRAS1 SRAS2 AD2 AD1 AD3 Real Gross Domestic Product

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