-Refer to Figure 15-2.If the economy is initially at equilibrium at $7 trillion,what is the least likely cause of the shift of the aggregate expenditure line from AE1 to AE2,and the shift of the aggregate demand curve from AD1 to AD2?
A) An increase in government purchases
B) A decrease in taxes
C) An increase in autonomous consumption
D) An increase in the money supply
E) A decrease in the price level
Correct Answer:
Verified
Q22: In the short run,the price level will
Q27: The equilibrium price level
A) determines by how
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Q29: If autonomous consumption decreases,which of the following
Q32: Which of the following would shift the
Q33: If the government announces a big tax
Q35: ]Which of the following would not cause
Q36: If a variable other than the price
Q37: If the Fed conducts an open market
Q38: If the government announces a new increase
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