The following graph illustrates a shift of the aggregate demand curve to the right. It can be caused by: (Select at least 2 of the following that apply.) Select all that apply: contractionary monetary policy Price Level (base year = 100) 120 110 100 90 80 400 E₂ LRAS SRAS AD, AD 500 600 700 800 Real Output (constant dollars)

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Select all that apply:
contractionary monetary policy
expansionary monetary policy
countercyclical monetary policy
pro-cyclical monetary policy
80
400
500
600
Real Output (constant dollars)
700
800
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Transcribed Image Text:Select all that apply: contractionary monetary policy expansionary monetary policy countercyclical monetary policy pro-cyclical monetary policy 80 400 500 600 Real Output (constant dollars) 700 800 FEEDBACK MORE INSTRUCTION SUBMIT
The following graph illustrates a shift of the aggregate demand curve to the right. It can be caused by:
(Select at least 2 of the following that apply.)
Select all that apply:
contractionary monetary policy
Price Level (base year = 100)
120
110
100
90
80
400
E₂
LRAS
SRAS
E₁
AD₁
ADⓇ
500
600
Real Output (constant dollars)
700 800
Transcribed Image Text:The following graph illustrates a shift of the aggregate demand curve to the right. It can be caused by: (Select at least 2 of the following that apply.) Select all that apply: contractionary monetary policy Price Level (base year = 100) 120 110 100 90 80 400 E₂ LRAS SRAS E₁ AD₁ ADⓇ 500 600 Real Output (constant dollars) 700 800
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