Multiple Choice
Exhibit 14-1
-Refer to Exhibit 14-1. Which of the following would be illustrated by a shift in aggregate demand from AD0 to AD1?
A) an increase in government purchases, combined with a decrease in investment
B) an increase in consumption, combined with an increase in exports
C) an increase in business tax rates, combined with a decrease in consumer confidence
D) faster growth rates by a major trading partner, combined with a decrease in stock market wealth
Correct Answer:

Verified
Correct Answer:
Verified
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