-In the figure above,the shift in the aggregate demand curve from AD1 to AD3 could be the result of
A) a fall in the price level.
B) a tax cut.
C) an increased expectation of a recession that lowers people's expected future incomes.
D) a decrease in the foreign exchange rate.
E) a rise in the price level.
Correct Answer:
Verified
Q116: All of the following actions shift the
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Q122: Aggregate demand _ and shifts the AD
Q123: If taxes are cut,there is
A)an increase in
Q124: Which of the following statements is correct?
A)An
Q125: A decrease in foreign income _ exports
Q126: A tax cut _ aggregate demand and
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