b. nonfluctuating resource availability Exhibit 10-5 Aggregate demand curves In Exhibit 10-5, which one of the following could cause the U.S. aggregate demand curve to move from AD3 to AD2? O a. a recession in Japan c. greater resource availability O d. an increase in government grants for AIDS awareness programs Price level AD Real GDP AD2 AD 3

b. nonfluctuating resource availability Exhibit 10-5 Aggregate demand curves In Exhibit 10-5, which one of the following could cause the U.S. aggregate demand curve to move from AD3 to AD2? O a. a recession in Japan c. greater resource availability O d. an increase in government grants for AIDS awareness programs Price level AD Real GDP AD2 AD 3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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9-1 a and b
E2
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