Question 19
[Maximum number: 1]
What is both a valid statement and consistent with the features of the diagram?

A
AS cannot be increased beyond some level of real output.
B
Consumption is a component of AD and is lower when the general level of prices is lower.
C
Investment is a component of AS and is independent of the general level of prices.
D
The greater the demand for a country's exports, the lower will be AD.
