Multiple Choice
The figure given below represents the equilibrium real GDP and price level in the aggregate demand and aggregate supply model.
Figure 8.3
-Refer to Figure 8.3. Movement from point B to point D could be initiated by:
A) a stock market crash that undermines consumer confidence.
B) a tax code changes that improve investor expectations.
C) a national emergency that increases government spending.
D) a higher net exports because of economic expansion in European countries.
E) a technological advancement.
Correct Answer:

Verified
Correct Answer:
Verified
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