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Exhibit 22-1 Refer to Exhibit 22-1

Question 84

Multiple Choice

Exhibit 22-1 Exhibit 22-1 Refer to Exhibit 22-1.Which of the following would be illustrated by a shift in aggregate demand from AD<sub>0</sub> to AD<sub>2</sub>? A) an increase in government purchases, combined with a decrease in investment B) an increase in consumption, combined with an increase in exports C) an increase in business tax rates, combined with a decrease in consumer confidence D) faster growth rates by a major trading partner, combined with an increase in stock market wealth Refer to Exhibit 22-1.Which of the following would be illustrated by a shift in aggregate demand from AD0 to AD2?


A) an increase in government purchases, combined with a decrease in investment
B) an increase in consumption, combined with an increase in exports
C) an increase in business tax rates, combined with a decrease in consumer confidence
D) faster growth rates by a major trading partner, combined with an increase in stock market wealth

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