The following list contains factors that are related to the aggregate demand curve.
1) Household expectations
2) Profit expectations
3) Degree of excess capacity
4) Personal income tax rates
5) Exchange rates
6) National income abroad
7) Government spending
8) Household wealth
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Changes in which three of the above factors would most likely cause a change in consumer spending?
A) 1, 2, and 6
B) 1, 4, and 8
C) 3, 5, and 7
D) 5, 6, and 7
Correct Answer:
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Q11: Which set of events would most likely
Q12: Q13: Which of the following will lead to Q14: Which would be one of the factors Q15: Which event would most likely increase aggregate Q17: The following list contains factors that are Q18: The following list contains factors that are Q19: An aggregate supply curve shows the: Q20: A fall in prices of imported resources Q21: If the prices of imported resources decrease,
A) level
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