QUESTION 38 48 44 40 36 32 28 24 20 16 12 8 4 0 E,Q I 0 8 16 24 32 40 AE2 AE1 Q 38. Which of the following could have caused a shift of the Aggregate Expenditures curve from AE1 to AE2? O a) an increase in the price level b) an increase in the rate of interest c) an increase in government purchases of goods and services d) a contractionary monetary policy

QUESTION 38 48 44 40 36 32 28 24 20 16 12 8 4 0 E,Q I 0 8 16 24 32 40 AE2 AE1 Q 38. Which of the following could have caused a shift of the Aggregate Expenditures curve from AE1 to AE2? O a) an increase in the price level b) an increase in the rate of interest c) an increase in government purchases of goods and services d) a contractionary monetary policy

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter22: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 12P

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