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    Macroeconomics Study Set 12
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    Exam 8: Aggregate Demand, aggregate Supply, and the Great Depression
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    The First Two Years of the Great Depression Were Dominated
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The First Two Years of the Great Depression Were Dominated

Question 148

Question 148

Multiple Choice

The first two years of the Great Depression were dominated by


A) leftward shifts of the IS curve.
B) rightward shifts of the IS curve.
C) leftward shifts of the LM curve.
D) rightward shifts of the LM curve.
E) upward shifts of the SAS curve.

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