The aggregate demand curve will shift outwards when:
A) the government increases income tax rates
B) new technology arises
C) the costs of production fall
D) consumer expenditure rises
Correct Answer:
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Q16: In a period of cost- push inflation
Q17: An increase in the price level results
Q18: Between 2006 and 2007 oil prices nearly
Q19: As a result of deflation:
A) borrowers gain
Q20: The long- run aggregate supply curve is
Q22: The aggregate demand curve will shift inwards
Q23: Suppose the Australian economy is initially in
Q24: Deflation is:
A) continuing falls in the general
Q25: Which of the following is NOT a
Q26: Demand- pull inflation is caused by:
A) not
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