Multiple Choice
Which of the following will shift the aggregate demand (ADI) curve to the left?
A) Income taxes are lowered.
B) The government increases spending on education.
C) Consumers become optimistic about the future.
D) A new technology is developed that will increase profits.
E) Foreign economies fall into recession,reducing their demand for domestic exports.
Correct Answer:

Verified
Correct Answer:
Verified
Q109: To reduce inflation in an economy at
Q110: An increase in the inflation rate corresponds
Q111: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -Based on the
Q112: To reduce inflation in an economy at
Q113: A downward shift of the Bank of
Q115: Suppose that,in an economy,ADI = 800 +
Q116: Graphically,inflation shocks shift the _ and shocks
Q117: All else being equal,an increase in the
Q118: Inflation shocks and shocks to potential output
Q119: An inflation shock is<br>A) the level of