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Question 2 7 pts Using the AD-LRAS model, suppose aggregatedemand shifts left. What impact does...

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Economics

Question 2 7 pts Using the AD-LRAS model, suppose aggregatedemand shifts left. What impact does this have on potential GDP andthe price level in the long run? Potential GDP remains unchanged,and the price level rises in the long run. Potential GDP rises, andthe price fevel remalns unchanged in the tong run. Potential GDPfalls, and the price level remains unchanged in the long run.Potential GDP remains unchanged, and the price level falls th thelong run. Potential GDP falls, and the price level falls in thelong run.

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