Solved

Figure 16-11 -Refer to Figure 16-11.In the Graph Above,the Shift from AD1

Question 79

Multiple Choice

Figure 16-11 Figure 16-11   -Refer to Figure 16-11.In the graph above,the shift from AD<sub>1</sub> to AD<sub>2</sub> represents the total change in aggregate demand.If government purchases increased by $50 billion,then the distance from point A to point B ________ $50 billion. A) would be equal to B) would be greater than C) would be less than D) may be greater than or less than
-Refer to Figure 16-11.In the graph above,the shift from AD1 to AD2 represents the total change in aggregate demand.If government purchases increased by $50 billion,then the distance from point A to point B ________ $50 billion.


A) would be equal to
B) would be greater than
C) would be less than
D) may be greater than or less than

Correct Answer:

verifed

Verified

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

Related Questions