In the above figure, the distance between points T and U ...

[ssal]

In the above figure, the distance between points T and U represents
 
  A) an expansion.
  B) a trough.
  C) a peak.
  D) a recession.

Question 2

The aggregate demand curve shows that, if other factors are held constant, the higher the price level, the
 
  A) greater the quantity of real GDP demanded.
  B) smaller the quantity of real GDP demanded.
  C) larger consumption expenditure.
  D) None of the above answers is correct.

[Andromeda18]

Answer to Question 1

A

Answer to Question 2

B

[ssal]

Thanks for the timely response, appreciate it

[Joy Chen]

TYSM