38. Which of the following could have caused a shift of the Aggregate Expenditures curve from AE1 to AE2? a) an increase in the price level b) an increase in the rate of interest c) an increase in government purchases of goods and services d) a contractionary monetary policy

38. Which of the following could have caused a shift of the Aggregate Expenditures curve from AE1 to AE2? a) an increase in the price level b) an increase in the rate of interest c) an increase in government purchases of goods and services d) a contractionary monetary policy

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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