-In the figure above, the shift in the aggregate demand curve from AD₁ to AD₃ could be the result of
A)a fall in the price level.
B)a tax cut.
C)an increased expectation of a recession that lowers people's expected future incomes.
D)a decrease in the foreign exchange rate.
E)a rise in the price level.

Question

-In the figure above, the shift in the aggregate demand curve from AD₁ to AD₃ could be the result of
A)a fall in the price level. 
B)a tax cut. 
C)an increased expectation of a recession that lowers people's expected future incomes. 
D)a decrease in the foreign exchange rate. 
E)a rise in the price level.

Quizplus · Accepted Answer

The Answer of 
-In the figure above, the shift in the aggregate demand curve from AD₁ to AD₃ could be the result of
A)a fall in the price level. 
B)a tax cut. 
C)an increased expectation of a recession that lowers people's expected future incomes. 
D)a decrease in the foreign exchange rate. 
E)a rise in the price level.

-In the Figure Above, the Shift in the Aggregate Demand