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Which of the Following Would Likely Cause a Downward Parallel

Question 17

Multiple Choice

Which of the following would likely cause a downward parallel shift in the AE curve and a leftward shift in the AD curve?


A) an increase in the business confidence of firms
B) a reduction in government purchases
C) a decrease in the MPC
D) a decrease in the price level
E) an increase in the price level

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