-In the above figure, the economy is initially at point B. If the government decreases transfer payments, there is
A) a movement to point C.
B) a movement to point A.
C) a shift to AD2.
D) a shift to AD1.
Correct Answer:
Verified
Q177: The aggregate demand curve
A) shifts leftward when
Q178: A change in _ creates a movement
Q179: Which of the following shifts the aggregate
Q180: A decrease in government expenditure on goods
Q181: Q183: Q184: A decrease in foreign incomes Q185: Which of the following shifts the aggregate Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) increases aggregate