Refer to the graph above. Which of the following factors does not explain a movement along the AD curve?
A) The expenditure multiplier effect
B) The real-balances effect
C) The interest-rate effect
D) The foreign purchases effect

Question

Refer to the graph above. Which of the following factors does not explain a movement along the AD curve?
A) The expenditure multiplier effect 
B) The real-balances effect 
C) The interest-rate effect 
D) The foreign purchases effect

Quizplus · Accepted Answer

The Answer of  Refer to the graph above. Which of the following factors does not explain a movement along the AD curve?
A) The expenditure multiplier effect 
B) The real-balances effect 
C) The interest-rate effect 
D) The foreign purchases effect

Refer to the Graph Above