when the price level falls the quantity of
Show transcribed image text The following graph shows the aggregate demand (AD) curve in a hypothetical economy. At point A, the price level is 140 and the quantity of output demanded is $300 billion.Moving down along the aggregate demand curve from point A to B, the price level falls to 120 and the quantity of output demanded rises to $500 billion. You can assume that the economy's money supply remains fixed.how transcribed image text The following graph shows the aggregate demand (AD) curve in a hypothetical economy. At point A, the price level is 140 and the quantity of output demanded is $300 billion.