Question 8 AD1 ADO laz Real output Refer to the graph shown. The effect of increasing government spending on the AD curve can be shown by a movement from: O A to C O A to B O B to D O A to D Price level

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter23: The Aggregate Expenditure Model
Section: Chapter Questions
Problem 14P
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is increased by $5000.
is decreased by $25,000.
Question 8
AD1
ADO
Real output
Refer to the graph shown. The effect of increasing government spending on the AD curve can be shown by a movement from:
O A to C
O A to B
B to D
O A to D
Question 9
(37
Price level
Transcribed Image Text:is increased by $5000. is decreased by $25,000. Question 8 AD1 ADO Real output Refer to the graph shown. The effect of increasing government spending on the AD curve can be shown by a movement from: O A to C O A to B B to D O A to D Question 9 (37 Price level
1:EV
و من 4
Question 12
LAS
SAS
P2
AD2
AD,
AD
0 Yp Y1
Real output
Recession takes place when the short-run equilibrium is at point
OD
OB
OE
D
Question 13
LAS
SAS
=:
Price level
iii
Transcribed Image Text:1:EV و من 4 Question 12 LAS SAS P2 AD2 AD, AD 0 Yp Y1 Real output Recession takes place when the short-run equilibrium is at point OD OB OE D Question 13 LAS SAS =: Price level iii
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