The Figure Given Below Represents the Equilibrium Real GDP and Price

question 69

Multiple Choice

The figure given below represents the equilibrium real GDP and price level in the aggregate demand and aggregate supply model.
Figure 8.3

-Refer to Figure 8.3. Movement from point B to point D could be initiated by:

• A) a stock market crash that undermines consumer confidence.
• B) a tax code changes that improve investor expectations.
• C) a national emergency that increases government spending.
• D) a higher net exports because of economic expansion in European countries.
• E) a technological advancement.

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