37.6% R Give Up? O Hint ment Score: Resources Chec on 5 of 15 <. In 2013, Prussia's aggregate demand curve was determined by the equation M +0= 4%. A change in aggregate demand means that in 2014, Prussia's aggregate demand curve was determined by the equation M +6= 7%. Using this information, draw Prussia's old and new dynamic aggregate demand curves on the graph. Which of the factors could have resulted in the change in 14 aggregate demand seen between 2013 and 2014? 13 O an improvement in technology 12 11 an increase in imports 10 a decrease in oil prices 8. AD 2013 O higher consumer confidence 7. 5. -3 -2 -1 3. 6. 10 Real GDP growth rate F12 AD 2014 4. 6, 4. Inflation rate
37.6% R Give Up? O Hint ment Score: Resources Chec on 5 of 15 <. In 2013, Prussia's aggregate demand curve was determined by the equation M +0= 4%. A change in aggregate demand means that in 2014, Prussia's aggregate demand curve was determined by the equation M +6= 7%. Using this information, draw Prussia's old and new dynamic aggregate demand curves on the graph. Which of the factors could have resulted in the change in 14 aggregate demand seen between 2013 and 2014? 13 O an improvement in technology 12 11 an increase in imports 10 a decrease in oil prices 8. AD 2013 O higher consumer confidence 7. 5. -3 -2 -1 3. 6. 10 Real GDP growth rate F12 AD 2014 4. 6, 4. Inflation rate
Chapter14: Aggregate Demand And Supply
Section14.A: The Self Correcting Aggregate Demand And Supply Model
Problem 1SQP
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100%
Transcribed Image Text:37.6%
R Give Up?
O Hint
ment Score:
Resources
Chec
on 5 of 15
<.
In 2013, Prussia's aggregate demand curve was determined by the equation M +0= 4%.
A change in aggregate demand means that in 2014, Prussia's aggregate demand curve was determined by the equation
M +6= 7%.
Using this information, draw Prussia's old and new dynamic aggregate demand curves on the graph.
Which of the factors could have resulted in the change in
14
aggregate demand seen between 2013 and 2014?
13
O an improvement in technology
12
11
an increase in imports
10
a decrease in oil prices
8.
AD 2013
O higher consumer confidence
7.
5.
-3
-2
-1
3.
6.
10
Real GDP growth rate
F12
AD 2014
4.
6,
4.
Inflation rate
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