A change in the quantity demanded of Real GDP is graphically represented as a
A) shift in the AD curve.
B) movement from one point on the AD curve to another point on the same curve.
C) movement from a point on the AD curve to a point on the SRAS curve.
D) shift in the real balance effect curve.
E) shift in the interest rate effect curve.

Question

Quizplus · Accepted Answer

A change in the quantity demanded of Real GDP is a movement from one point on the AD curve to another point on the same curve. This can be caused by changes in factors such as consumer confidence, government spending, or exports that affect the total demand for goods and services in the economy. A shift in the AD curve would occur if there were changes to other factors such as monetary and fiscal policies, taxes, or regulations that affect the overall spending and production levels in the economy.

A Change in the Quantity Demanded of Real GDP Is