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For the Following Questions, Use the Diagram Below

Question 184

Multiple Choice

For the following questions, use the diagram below:
Figure 34-3
For the following questions, use the diagram below: Figure 34-3 -Refer to Figure 34-3.Which of the following is correct? A) A wave of optimism could move the economy from a to B B) If aggregate demand moves from AD₁ to AD₂ the economy will stay at b in both the short and long run. C) It is possible that either fiscal or monetary policy might have caused the shift from AD₁ to AD₂. D) All of the above are correct.
-Refer to Figure 34-3.Which of the following is correct?


A) A wave of optimism could move the economy from a to B
B) If aggregate demand moves from AD₁ to AD₂ the economy will stay at b in both the short and long run.
C) It is possible that either fiscal or monetary policy might have caused the shift from AD₁ to AD₂.
D) All of the above are correct.

Correct Answer:

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