-Refer to the above diagrams.A decline in aggregate expenditures from AE₂ to AE₁ resulting from the wealth,interest rate,and foreign trade effects would be depicted as: A) a movement from A to B along aggregate demand curve AD₁. B) a movement from B to A along aggregate demand curve AD₁. C) a shift of aggregate demand from AD₁ to AD₂. D) a shift of aggregate demand from AD₂ to AD₁.

Question

Quizplus · Accepted Answer

The Answer of -Refer to the above diagrams.A decline in aggregate expenditures from AE₂ to AE₁ resulting from the wealth,interest rate,and foreign trade effects would be depicted as: A) a movement from A to B along aggregate demand curve AD₁. B) a movement from B to A along aggregate demand curve AD₁. C) a shift of aggregate demand from AD₁ to AD₂. D) a shift of aggregate demand from AD₂ to AD₁.

-Refer to the Above Diagrams