12) Other things equal, an decrease in the Z factors shifts A) the AD curve to the left. B) the AD curve to the right. C) the AS curve to the left. D) the AS curve to the right. 13) The Federal Reserve's policy to "lean against the wind" means that A) when output is high, the Fed sets a high interest rate. B) when price levels are high, the Fed sets a low interest rate. C) when output is low, the Fed sets a high interest rate. D) when price levels are low, the Fed sets a high interest rate. 14) Other things equal, an decrease in government spending shifts A) the AD curve to the left. B ) the AD curve to the right. C) the AS curve to the left. D) the AS curve to the right. Refer to the information provided in Figure 11.1 below to answer the questions that follow. Figure 11.1 15) Refer to Figure 11.1. An aggregate demand shift from AD2 to AD0 can be caused by A) a decrease in the price level. B) an increase in the price level. C) a decrease in taxes. D) a decrease in money supply. 16) Refer to Figure 11.1. Suppose the economy is at Point A, a decrease in the price level can cause a movement to Point A) E. B) B, C) C. D) D