Which of the above Aggregate Demand Aggregate Supply (AD AS) diagrams best portrays the effects of an increase in the national incomes of our foreign trading partners B D C A ASy AS2 AS2 AS Price level Price level AD AD 0 Real domestic output Real domestic output (A) (B) AS AS Price level Price level AD, AD, AD , 0 Real domestic output 0 Real domestic output (C) (D)

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Which of the above Aggregate Demand/Aggregate Supply (AD/AS) diagrams best portrays the effects of an increase in the national incomes of our foreign trading partners?

ASy AS2 AS2 AS Price level Price level AD AD 0 Real domestic output Real domestic output (A) (B) AS AS Price level Price level `AD, AD, AD., 0 Real domestic output 0 Real domestic output (C) (D)

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