Most economic graphs have two lines perpendicular to each other. Where these lines meet is called the

Suppose the economy currently has an inflationary ga

A) decrease aggregate demand, decrease prices, and decrease real GDP. B) increase short-run aggregate supply, decrease prices and increase real GDP. C) increase short-run aggregate supply, decrease in prices and decrease in real GDP. D) decrease aggregate demand, decrease prices, and increase real GDP.

An increase in the quantity demanded is shown as

A) a movement along the demand curve. B) a movement toward the demand curve. C) a rightward shift of the demand curve. D) a leftward shift of the demand curve. E) both a movement along the demand curve and a shift of the demand curve.