Question: Help please please Using the graph courses/1116437/quizzes/ 1843 /12/take Question 19 12 pt Use the graph to answer the following questions. 160 AS 140 120

Help please please Using the graph

courses/1116437/quizzes/ 1843 /12/take Question 19 12 pt Use the graph to answer the following questions. 160 AS 140 120 100 80 Price level 60 AD3 40 20 AD1 AD2 0 50 100 150 200 250 300 350 400 Real domestic output, GDP (billions) 1. Assume that AD1 is the full employment level for this economy. If there is a decrease in AD, what type of gap would that cause and how much would it be? 2. What is the equilibrium price and quantity in this economy? 3. If the price level falls in the U.S., explain how this will affect U.S. imports and exports. Edit View Insert Format Tools Table 12pt Paragraph BI UA & T V
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