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 Q39: Other things equal, a decrease in the Q53: Refer to the information below. A change Q61: Refer to the data below. The vertical Q64: Other things being equal, if the national Q66: The short run aggregate supply curve: Q80: With output and input prices fixed, the Q90: The long run aggregate supply: Q98: A rightward shift in the aggregate supply
A)shows the
A)is downward sloping.
B)is
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