When the price level falls:________

A. both the potential GDP line and the AS curve shift leftward.
B. there is a movement downward along the AS curve
C. the AS curve shifts leftward but the potential GDP does NOT shift.
D. movement upward along the AS curve
E. the AS curve shifts rightward but the potential GDP line does not shift

Question

28-06-2024
Business

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When the price level falls:________

A. both the potential GDP line and the AS curve shift leftward.
B. there is a movement downward along the AS curve
C. the AS curve shifts leftward but the potential GDP does NOT shift.
D. movement upward along the AS curve
E. the AS curve shifts rightward but the potential GDP line does not shift

Sagot :

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