In a diagram that includes both the IA line and the AD curve, the price adjustment resulting from an increase in spending is shown by
A) the AD curve shifting to the left.
B) the AD curve shifting to the right.
C) the IA line shifting down.
D) the IA line shifting up.
E) the movement along the IA line.
Correct Answer:
Verified
Q3: The short-run effect of an increase in
Q4: Which of the following is another term
Q5: Exhibit 25-1 Q6: In the economic fluctuations model, the so-called Q7: When government purchases decrease, the short-run effect Q9: The economic fluctuations model is used by Q10: The long run is usually Q11: The long-run effect of a change in Q12: Exhibit 25-1 Q13: The short run is usually
A)ten years or
A)less than half
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