Edexcel A-Level Economics AS 2.3.2 1c Distinction Between a Movement Along and a Shift of the Ad Curve Topic Practice

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Question 1

[Maximum number: 1]

The diagram shows aggregate supply and aggregate demand for an economy. Which one was the most likely cause of the change from AD to AD1?

A

A decrease in government spending

B

An increase in interest rates

C

A decrease in net exports

D

An increase in consumption

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