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Use the Following Graph to Answer the Following Questions

question 19

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Use the following graph to answer the following questions.The graph depicts an economy where aggregate demand and long-run aggregate supply (LRAS) have decreased,with no change in short-run aggregate supply (SRAS) .
Use the following graph to answer the following questions.The graph depicts an economy where aggregate demand and long-run aggregate supply (LRAS) have decreased,with no change in short-run aggregate supply (SRAS) .    -Which of the following would have caused aggregate demand to decrease in the graph,such as occurred during the Great Recession? A)  an increase in expected income B)  a decrease in tax rates C)  a decrease in housing prices and stock prices D)  an increase in consumer sentiment E)  an advancement in technology
-Which of the following would have caused aggregate demand to decrease in the graph,such as occurred during the Great Recession?


Definitions:

Imposed Solutions

Solutions or agreements forced upon parties involved in a negotiation or conflict, often without their consent.

Potential Solutions

Possible answers, remedies, or methods to address or resolve a problem or challenge.

Latter Part

The final section or segment of a particular period, document, discussion, or series of events.

Legitimate

being in accordance with established legal rules and standards.

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