Solved

Figure 15-2 -Refer to the Figure 15-2.In a Closed Economy,which of the Closed

Question 38

Multiple Choice

Figure 15-2
Figure 15-2 -Refer to the Figure 15-2.In a closed economy,which of the following would cause the aggregate demand curve to shift from AD to AD*? A) an increase in government purchases B) a decrease in stock prices C) an increase in consumer and firm optimism about the future D) an increase in the price level
-Refer to the Figure 15-2.In a closed economy,which of the following would cause the aggregate demand curve to shift from AD to AD*?


A) an increase in government purchases
B) a decrease in stock prices
C) an increase in consumer and firm optimism about the future
D) an increase in the price level

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: According to the theory of liquidity preference,

Q7: How does the interest rate change when

Q36: What does fiscal policy primarily affect in

Q36: What do open-market purchases do to the

Q70: An increase in government spending initially and

Q97: If at some interest rate the quantity

Q123: Which of the following is an effect

Q139: Most economists believe that fiscal policy affects

Q173: Suppose the economy is in long-run equilibrium.

Q214: Which of the following tends to make