Question: 1. Based on the aggregate demand-aggregate supply model, what is the effect of an increase in the price level on potential GDP? Support your answer

1. Based on the aggregate demand-aggregate supply model, what is the

1. Based on the aggregate demand-aggregate supply model, what is the effect of an increase in the price level on potential GDP? Support your answer with a graph.

2. What happens to the aggregate demand curve in Saudi Arabia if the exchange rate increases, so that KSA-made products become more expensive? Support your answer with a graph

your answer with a graph. 2. What happens to the aggregate demand

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