The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A.
FIGURE 24-3
-Refer to Figure 24-3.Which of the following events could have shifted the AD curve from AD1 to AD2?
A)an increase in net exports
B)an increase in government purchases
C)an increase in desired investment
D)an increase in autonomous household saving
E)an increase in autonomous consumption

Question

The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A.
  FIGURE 24-3
-Refer to Figure 24-3.Which of the following events could have shifted the AD curve from AD1 to AD2?
A)an increase in net exports 
B)an increase in government purchases 
C)an increase in desired investment 
D)an increase in autonomous household saving 
E)an increase in autonomous consumption

Quizplus · Accepted Answer

The Answer of The diagram below shows an AD/AS model for a hypothetical economy.The economy begins in long-run equilibrium at point A.
  FIGURE 24-3
-Refer to Figure 24-3.Which of the following events could have shifted the AD curve from AD1 to AD2?
A)an increase in net exports 
B)an increase in government purchases 
C)an increase in desired investment 
D)an increase in autonomous household saving 
E)an increase in autonomous consumption

The Diagram Below Shows an AD/AS Model for a Hypothetical