Question: D Question 9 1.5 pts In the AD/AS model assume 2019 began with potential real GDP = $13.7 trillion, while actual real GDP = $14

D Question 9 1.5 pts In the AD/AS model assume 2019 began with potential real GDP = $13.7 trillion, while actual real GDP = $14 trillion and the Price Level (GDP Deflator) = 210. A year later the Price Level = 209 and actual real GDP = $14.1. Based on their relative effects on the AD/AS model, which of the following scenarios best explains this new outcome? The effect of a(n) increase in consumer spending is MORE than the effect of a decrease in natural gas prices. O decrease in physical capital is LESS than the effect of a decrease in oil prices. increase in oil prices is MORE than the effect of negative business expectations. O increase in wages is LESS than the effect of an increase in consumption taxes

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