Solved

A Major That Resulted in the Leftward Shift of the Aggregate

Question 72

Multiple Choice

A major that resulted in the leftward shift of the aggregate demand curve in late 2008 was

A) a decrease in taxes.
B) an increase in government spending.
C) a price shock.
D) a change in net exports.
E) a decrease in consumer confidence.

Related Questions

Q67: If the Fed is worried about inflation

Q68: The IA line does not shift in

Q69: According to the economic fluctuations model, what

Q70: If ever real GDP is above potential

Q71: The United States economy never recovered from

Q73: If government purchases decrease, in the short

Q74: Changes in monetary policy can immediately affect

Q75: Suppose government purchases have decreased and the

Q76: Suppose government purchases have increased and the

Q77: Exhibit 25-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 25-2