Which of the Following Statements Is Correct

question 154

Multiple Choice

Which of the following statements is correct?

• A)A increase in people's expected future income shifts the aggregate demand curve leftward.
• B)A tax increase shifts the aggregate demand curve leftward.
• C)An increase in potential GDP shifts the aggregate demand curve rightward.
• D)An increase in exports shifts the aggregate demand curve leftward.
• E)The higher the price level, the larger is the quantity of real GDP demanded.

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