Which of the following would cause the AD curve to shift to the left? Select one: O a. A decrease in the rate of inflation O b. A decrease in the real rate of interest O C An increase in government purchases O d. None of these O e. A decision by the Fed to decrease the nominal interest rate Check

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
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Which of the following would cause the AD curve to shift to the left?
Select one:
O a. A decrease in the rate of inflation
O b. A decrease in the real rate of interest
O C An increase in government purchases
O d. None of these
O e. A decision by the Fed to decrease the nominal interest rate
Check
Transcribed Image Text:Which of the following would cause the AD curve to shift to the left? Select one: O a. A decrease in the rate of inflation O b. A decrease in the real rate of interest O C An increase in government purchases O d. None of these O e. A decision by the Fed to decrease the nominal interest rate Check
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