Economics (AS & A Level) · Feb / March 2022 · Paper 12 · Question 23
9708Aggregate Demand and Aggregate Supply analysis
The diagram shows a shift in an economy's aggregate demand curve from AD1 to AD2. What could not be a cause of the shift?
- Aa decrease in income tax
- Ba decrease in the price of goods
- Can increase in money wage rates
- Dan increase in the money supply
As printed in the paper
Show the answer
Correct answer: B. a decrease in the price of goods
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.