-In the above figure, what could cause the shift of aggregate demand fromAD₁ to AD₂?
A)depletion of raw materials
B)an increase in input prices
C)a decrease in consumer confidence
D)an increase in international trade barriers

Question

-In the above figure, what could cause the shift of aggregate demand fromAD₁ to AD₂?
A)depletion of raw materials 
B)an increase in input prices 
C)a decrease in consumer confidence 
D)an increase in international trade barriers

Quizplus · Accepted Answer

A decrease in consumer confidence can lead to reduced spending, causing a leftward shift in aggregate demand from AD₁ to AD₂.

-In the Above Figure, What Could Cause the Shift of Aggregate