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Figure 12.1: -In Figure 12.1,assume Aggregate Demand Is Represented by AD3.Which of by AD3.Which

Question 113

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Figure 12.1: Figure 12.1: -In Figure 12.1,assume aggregate demand is represented by AD<sub>3</sub>.Which of the following could cause a shift to AD<sub>2</sub>? A) An increase in government spending on goods and services B) An increase in taxes C) A decrease in consumer confidence D) A decrease in investment spending
-In Figure 12.1,assume aggregate demand is represented by AD3.Which of the following could cause a shift to AD2?


A) An increase in government spending on goods and services
B) An increase in taxes
C) A decrease in consumer confidence
D) A decrease in investment spending

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