Economics (AS & A Level) · May / June 2023 · Paper 13 · Question 25
9708Aggregate Demand and Aggregate Supply analysis
What is the most likely cause of an outward shift of a country's aggregate demand curve?
- Aa decrease in the competitiveness of domestically produced products
- Ba decrease in the general price level
- Ca decrease in the money supply
- Da depreciation of the country's exchange rate
As printed in the paper
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Correct answer: D. a depreciation of the country's exchange rate
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