Multiple Choice
Figure 8-2
-Refer to Figure 8-2.Which of the following a shift in aggregate demand from AD₀ to AD₁ illustrate?
A) a decrease in consumption, combined with an increase in export
B) an increase in business tax rates, combined with a decrease in consumer confidence
C) faster growth rates by a major trading partner, combined with an increase in stock market wealth
D) an increase in government purchases, combined with a decrease in investment
Correct Answer:
Verified
Correct Answer:
Verified
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