The following list shows 4 shocks from the AD/AS model. Which of the shocks are aggregate demand shocks?
The following list shows 4 shocks from the AD/AS model. Which of the shocks are aggregate demand shocks?
Select one:
a. Only shock 2 is an aggregate demand shock
b. All (1-4) are aggregate demand shocks
c. Shocks 1 and 3 are aggregate demand shocks
d. Shocks 1 and 4 are aggregate demand shocks
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