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An Increase in Consumer Expenditures During the Holiday Season, a Decrease

Question 125

Multiple Choice

An increase in consumer expenditures during the holiday season, a decrease in purchases of U.S. goods by foreigners, a tax increase, and a decline in new home starts are examples of:


A) a monetary policy.
B) an aggregate supply shock.
C) an aggregate demand shock.
D) expectations.
E) Ricardian equivalence.

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