
-Which of the following would shift the aggregate demand curve from AD2 to AD1?
A) a decline in personal income tax rates
B) an increase in the international value of the dollar
C) a higher level of government purchases
D) an upward revision of profit expectations on investment projects
E) an increase in exports
Correct Answer:
Verified
Q75: Q76: An inflationary gap can best be described Q77: In any economy: Q78: If the real output of a low-income Q79: In the following table for a Q81: Increasing returns to scale refers to: Q82: The achievement of full employment through time Q83: Labour productivity may be defined as: Q84: Ceteris paribus,if a full-employment economy reallocated a Q85: In a full-employment economy,added capital formation requires:![]()
A)government purchases and saving are
A)the notion
A)real output
A)more
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