Multiple Choice
Which of these changes was observed in the U.S.between 1929 and 1933?
A) The aggregate supply curve shifted inward with no change in the aggregate demand curve.
B) The aggregate demand curve shifted inward with no change in the aggregate supply curve.
C) The aggregate demand curve shifted outward with no change in the aggregate supply curve.
D) The aggregate supply curve shifted outward with no change in the aggregate demand curve.
E) The aggregate supply and demand curves both shifted outward.
Correct Answer:
Verified
Correct Answer:
Verified
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