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  3. Study Set
    Fundamentals of Economics
  4. Exam
    Exam 12: Macroeconomic Equilibrium: Aggregate Demand and Supply
  5. Question
    A Leftward Shift of the Aggregate Demand Curve Can Be
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A Leftward Shift of the Aggregate Demand Curve Can Be

Question 47

Question 47

Multiple Choice

A leftward shift of the aggregate demand curve can be explained by


A) an increase in raw materials prices.
B) an increase in foreign income.
C) a decline in foreign price levels.
D) inefficient production technology.
E) higher investor optimism.

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