Multiple Choice
-
In the figure above, the shift in the aggregate demand curve from AD1 to AD3 could be the result of
A) a decrease in the foreign exchange rate.
B) a decrease in the real interest rate.
C) an increased expectation of a recession that lowers the expected rate of profit from investment.
D) an increase in the price level.
E) a decrease in the buying power of money.
Correct Answer:
Verified
Correct Answer:
Verified
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