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In the figure above, the shift in the aggregate demand curve from AD1 to AD3 could be the result of
A) a rise in the price level.
B) a tax cut.
C) an increased expectation of a recession that lowers people's expected future incomes.6
D) a fall in the price level.
E) a decrease in the foreign exchange rate.
Correct Answer:
Verified
Q107: If the money wage rate does not
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A)an increase
A)An
--------------------aggregate demand and --------------------
A)increases; shifts
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