The figure shows the determination of the equilibrium price level and real GDP in an aggregate demand-aggregate supply model. Which of the following economic changes is depicted by a movement from point e to point e'?
Definitions:
Trade Policies
Government rules and regulations that determine the international trade activities of a country, affecting exports and imports.
Different Values
Refers to the varying valuations or worth assigned by individuals or markets to goods, services, or assets.
Infinite
Without limit or end; extending beyond any finite value or measurable space.
Horizontal Line
A straight line that has a zero slope and runs parallel to the horizontal axis in a graph.
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