Multiple Choice
-In the figure above, the shift in the aggregate demand curve from AD1 to AD3 could be the result of an increase in
A) the price level.
B) foreign incomes.
C) the foreign exchange rate.
D) expected future income.
E) aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -Based on the
Q2: A rise in the money wage rate
Q3: An increase in government expenditure on goods
Q5: If firms' expectations about the future become
Q6: If the Reserve Bank increases the quantity
Q7: Which of the following decreases aggregate demand
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8401/.jpg" alt=" -In the figure
Q9: Moving along the AS curve, when the
Q10: If demand-pull inflation occurs when the economy
Q11: The real wage rate definitely falls if