Multiple Choice
-Refer to Exhibit 8-3.A shift in aggregate demand from AD1 to AD2 could have been the result of
A) a decrease in the price level.
B) an increase in the price level.
C) an increase in foreign real national income.
D) a decrease in foreign real national income.
Correct Answer:

Verified
Correct Answer:
Verified
Q153: In a two-country world,a decrease in foreign
Q154: If wage rates fall at the same
Q155: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q156: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q157: A change in the money supply can
Q159: Which of the following is not a
Q160: Suppose the following: (1)the wage rate rises,(2)the
Q161: The AD curve shows the various amounts
Q162: There is a rise in labor productivity
Q163: One of the reasons why the AD