Personal choices that we make regarding our daily lives are most strongly influenced by a) our families and peer groups b) the media and the environment. c)our national and state governments d)our schools and our local governments.

What does it signify if point 1 shifts down and to the right? a. the price level and the real gdp are falling. b. the real gdp is falling, and supply is increasing. c. the price level is rising, and production is increasing. d. the price level is falling, and demand and the real gdp are rising.