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Recently, Toyota Took Over the Position of the World's Largest

Question 48

Multiple Choice

Recently, Toyota took over the position of the world's largest automobile manufacturer from GM. This is an example of ________ in the United States.


A) a positive aggregate demand shock
B) a negative aggregate demand shock
C) a rightward movement along the IS curve
D) a positive aggregate supply shock
E) Not enough information is given.

Correct Answer:

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