Which of the following results in the aggregate demand curve shifting rightward year after year?
A) a one-time increase in government expenditures on goods and services
B) inflation
C) growth in the quantity of money
D) a one-time tax cut
Correct Answer:
Verified
Q119: If the economy is initially at potential
Q120: Q121: A Phillips curve measures the relationship between Q122: Which of the following would shift the Q123: Demand-pull inflation occurs when Q125: Phillips curves describe the relationship between Q126: Phillips curves show the relationship between the Q128: A rise in the price level because Q129: A rational expectation is Q227: ![]()
A)
A) the government increases
A) aggregate
A)
A) an incorrect forecast.
B)![]()
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