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  3. Study Set
    Macroeconomics Principles Applications
  4. Exam
    Exam 9: Aggregate Demand and Aggregate Supply
  5. Question
    Figure 91 Shows Three Aggregate Demand Curves
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Figure 91 Shows Three Aggregate Demand Curves

Question 3

Question 3

Multiple Choice

Figure 9.1 shows three aggregate demand curves. A movement from curve AD1 to curve AD2 could be caused by a(n)


A) increase in the money supply.
B) increase in taxes.
C) increase in the price level.
D) decrease in government spending.

Correct Answer:

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