Exhibit 24-4
-The AD curve shifts to the left as a result of
A)an increase in government purchases.
B)a decrease in taxes.
C)an upshift in foreign demand.
D)a downshift in consumption.
E)a monetary policy shift to a higher inflation target.

Question

Exhibit 24-4 
-The AD curve shifts to the left as a result of
A)an increase in government purchases. 
B)a decrease in taxes. 
C)an upshift in foreign demand. 
D)a downshift in consumption. 
E)a monetary policy shift to a higher inflation target.

Quizplus · Accepted Answer

The Answer of Exhibit 24-4 
-The AD curve shifts to the left as a result of
A)an increase in government purchases. 
B)a decrease in taxes. 
C)an upshift in foreign demand. 
D)a downshift in consumption. 
E)a monetary policy shift to a higher inflation target.

Exhibit 24-4 -The AD Curve Shifts to the Left as a Result