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Refer to the Diagram Below

Question 1

Multiple Choice

Refer to the diagram below. Refer to the diagram below. A shift of the aggregate demand curve from AD<sub>1</sub> to AD<sub>0</sub> might be caused by a(n) : A) increase in the price level. B) increase in the price of resources. C) increase in investment spending. D) decrease in net export spending. A shift of the aggregate demand curve from AD1 to AD0 might be caused by a(n) :


A) increase in the price level.
B) increase in the price of resources.
C) increase in investment spending.
D) decrease in net export spending.

Correct Answer:

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