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Figure 36-7 In Figure 36-7, There Are Three Aggregate Expenditure Functions

Question 56

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Figure 36-7
Figure 36-7   In Figure 36-7, there are three aggregate expenditure functions ( C + I + G + X − IM )  for an open economy. Which of the following would cause a movement from A to B? A)  An increase in interest rates B)  An appreciation of the dollar C)  A depreciation of the dollar D)  An increase in the U.S. price level
In Figure 36-7, there are three aggregate expenditure functions ( C + I + G + X − IM ) for an open economy. Which of the following would cause a movement from A to B?


A) An increase in interest rates
B) An appreciation of the dollar
C) A depreciation of the dollar
D) An increase in the U.S. price level

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