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Refer to the Graph Shown

Question 150

Multiple Choice

Refer to the graph shown. From 1938 to 1943 the Federal deficit rose from $1.0 billion to $53.8 billion due to increased defense spending. The effect of this on the AD curve can be shown by a movement from: Refer to the graph shown. From 1938 to 1943 the Federal deficit rose from $1.0 billion to $53.8 billion due to increased defense spending. The effect of this on the AD curve can be shown by a movement from: A) A to B. B) A to C. C) A to D. D) B to A.


A) A to B.
B) A to C.
C) A to D.
D) B to A.

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