Multiple Choice
Which of the following is NOT reflected in a shift of the AD-curve?
A) a change in real money balances due to a change in the price level
B) a change in real money balances due to a change in nominal money supply
C) a change in government transfer payments
D) a change in the confidence of consumers and businesses
E) all of the above will shift the AD-curve
Correct Answer:

Verified
Correct Answer:
Verified
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