A lower price level combined with a decrease in real GDP occurs when the
A. short-run aggregate supply curve shifts rightward.
B. short-run aggregate supply curve shifts leftward.
C. aggregate demand curve shifts rightward.
D. aggregate demand curve shifts leftward.
Answer:D
A lower price level combined with a decrease in real GDP occurs when the
A. short-run aggregate supply curve shifts rightward. B. short-run aggregate supply curve shifts leftward. C. aggregate demand curve shifts rightward. D. aggregate demand curve shifts leftward.