The Exact Change in Equilibrium Output Due to a Shift

question 31

Multiple Choice

The exact change in equilibrium output due to a shift in short-run aggregate demand depends on:

• A)the amount of tax imposed
• B)the steepness of the aggregate supply curve.
• C)the steepness of the aggregate demand curve
• D)the gap between the supply curve and the demand curve.
• E)the consumption pattern in the economy.

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