Solved

If the Chinese Economy Enters a Recession

Question 57

Multiple Choice

If the Chinese economy enters a recession,


A) Australia's aggregate demand increases and the AD curve shifts rightward.
B) Australia's aggregate demand decreases and the AD curve shifts leftward.
C) the quantity of real GDP demanded in Australia decreases and there is a movement down along the AD curve.
D) Australia's aggregate demand decreases and the AD curve shifts rightward.
E) the quantity of real GDP demanded in Australia increases and there is a movement up along the AD curve.

Correct Answer:

verifed

Verified

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

Related Questions