If - , the price level rises equilibrium output :Select one a. actual; is below potential GDP b. potential; is equal to actual GDP c. actual; exceeds potential GDP d. potential; exceeds actual GDP

plz answer correct  explain Aasp Dont answer by pen pepar

PRICE LEVEL Point Q Point S. Point O. a Point P. LRAS R 20 S O AD₁ QUANTITY OF OUTPUT Suppose the economy starts at Point R. If there is a reduction in tax on investment, then in the short run the economy moves to AD₂ AD SRAS

D Question 8 When the government lowers income taxes, consumption is O stimulated; rightward shift of O stimulated; movement down along O reduced; leftward shift of O reduced; movement up along Question 9 An increase in the price of a nonlabor input such as oil will cause a movement up the SRAS curve. a leftward shift in the SRAS curve. a rightward shift in the SRAS curve. no change regarding the SRAS curve. , causing a the AD curve.