Refer to the Above Graph

question 156

Multiple Choice

Refer to the above graph. What combination would most likely cause a shift from AD₁ to AD₃?

• A) An increase in taxes and an increase in government spending
• B) A decrease in taxes and an increase in government spending
• C) An increase in taxes and a decrease in government spending
• D) A decrease in taxes and a decrease in government spending

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Definitions:

Least Cost

Least cost refers to the approach or method that involves the lowest possible expenditure or use of resources to achieve a specific goal or output.

Regardless Of Fit

Making decisions or evaluations without considering how well someone or something matches or aligns with a specific role or context.

Employment Equity Legislation

Laws and regulations aimed at eliminating employment barriers and discrimination against marginalized or underrepresented groups, ensuring fairness and diversity in the workforce.

Quality Of Life

A broad concept that encompasses an individual's overall well-being, including health, comfort, and happiness, influenced by various life factors.