Refer to the diagram below.Which of the following would shift the aggregate demand curve from AD2 to AD1?
A) a decline in personal income tax rates
B) an increase in the international value of the dollar
C) an increase in government spending
D) an upward revision of profit expectations on investment projects
Correct Answer:
Verified
Q16: Q28: Other things equal, an increase in the Q38: Which of the diagrams below best portrays Q44: Refer to the information below.Investment spending would Q47: When the excess capacity of business rises, Q47: Refer to the information below.A change in Q56: An increase in taxes will cause a(n): Q59: A decrease in taxes will cause a(n): Q72: The short-run aggregate supply curve is upward-sloping Q80: With output and input prices fixed, the
A)decrease
A)decrease
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