Multiple Choice
The following list contains factors that are related to the aggregate demand curve.
1) Household expectations
2) Profit expectations
3) Degree of excess capacity
4) Personal income tax rates
5) Exchange rates
6) National income abroad
7) Government spending
8) Household wealth
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Refer to the above information. A change in net export spending would most likely be caused by changes in:
A) 2 and 3.
B) 4 and 7.
C) 1 and 8.
D) 5 and 6.
Correct Answer:

Verified
Correct Answer:
Verified
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