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Refer to the Above Graph

Question 12

Multiple Choice

Refer to the above graph. Which factor will shift AS<sub>1</sub> to AS<sub>2</sub>? A) A rise in national income abroad. B) An increase in government spending. C) A reduction in business taxes. D) A decline in consumer confidence. Refer to the above graph. Which factor will shift AS1 to AS2?


A) A rise in national income abroad.
B) An increase in government spending.
C) A reduction in business taxes.
D) A decline in consumer confidence.

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