Multiple Choice
Refer to the following figure when answering
Figure 13.1: AD Curve
-Consider Figure 13.1, beginning at point e. If there is a change in the inflation rate:
A) there is movement along the AD curve to point b
B) the AD curve shifts right to point a
C) the AD curve shifts left to point g
D) there is movement along the AD curve to point d
E) Not enough information is given.
Correct Answer:
Verified
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