In the ad-as model what shift in the aggregate demand curve


Suppose that in Year 1 the price level equals 110 and the output level equals $14 trillion and that in Year 2 the price level equals 104 and the output level equals $13 trillion.

In the AD-AS model, what shift in the aggregate demand curve or the aggregate supply curve would explain the movement in the price level and the output level that occurred from Year 1 to Year 2?

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Financial Management: In the ad-as model what shift in the aggregate demand curve
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