Figure 9-3

-Refer to Figure 9-3.What might be one of the reasons that aggregate demand has shifted from AD₀ to AD₁?
A)Consumers have lost faith in the economy, and as a result have begun buying fewer goods.
B)Governments have decreased tax rates.
C)Consumers' belief in the economy has increased, and as a result they have begun buying more goods.
D)Investors have become more optimistic about their profit prospects and therefore output and prices are higher.

Question

Figure 9-3
 
-Refer to Figure 9-3.What might be one of the reasons that aggregate demand has shifted from AD₀ to AD₁?
A)Consumers have lost faith in the economy, and as a result have begun buying fewer goods. 
B)Governments have decreased tax rates. 
C)Consumers' belief in the economy has increased, and as a result they have begun buying more goods. 
D)Investors have become more optimistic about their profit prospects and therefore output and prices are higher.

Quizplus · Accepted Answer

The Answer of Figure 9-3
 
-Refer to Figure 9-3.What might be one of the reasons that aggregate demand has shifted from AD₀ to AD₁?
A)Consumers have lost faith in the economy, and as a result have begun buying fewer goods. 
B)Governments have decreased tax rates. 
C)Consumers' belief in the economy has increased, and as a result they have begun buying more goods. 
D)Investors have become more optimistic about their profit prospects and therefore output and prices are higher.

Figure 9-3 -Refer to Figure 9-3.What Might Be One of the Reasons