AP Macroeconomics Quiz
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BASIC ECONOMIC CONCEPTS
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Based on the demand curves shown for real output (Real GDP), which macro-level determinant most likely caused the
shift
from
D
1
D_1
D
1
to
D
2
D_2
D
2
?
A
A decrease in consumer confidence that reduced planned spending at each price level
B
A decrease in the overall price level that increased quantity demanded along
D
1
D_1
D
1
C
An increase in consumer confidence that raised planned spending at each price level
D
An increase in the overall price level that decreased quantity demanded along
D
1
D_1
D
1
E
A fall in the price of a complement that shifted demand left for real output
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