Refer to the graph above. What might one of the reasons that aggregate demand ha

ID: 1196253 • Letter: R

Question

Refer to the graph above. What might one of the reasons that aggregate demand has shifted from AD0 to AD1?

Question 18 options:

Consumers' belief in the economy has increased, and as a result they have begun buying more goods.

Consumers have lost faith in the economy and as a result have begun buying fewer goods.

Investors have become more optimistic about their profit prospects, and therefore output and prices are higher.

None of the above.

Consumers' belief in the economy has increased, and as a result they have begun buying more goods.

Consumers have lost faith in the economy and as a result have begun buying fewer goods.

Investors have become more optimistic about their profit prospects, and therefore output and prices are higher.

None of the above.

Consumers have lost afith in the economy and as a result have begun buying fewer goods.

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.