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27 Nov 2019
Suppose a stock market crash makes people feel poorer. What are the effects of this decrease in wealth?
a.
a decrease in consumption, which shifts aggregate supply left
b.
a decrease in consumption, which shifts aggregate demand left
c.
an increase in consumption, which shifts aggregate supply right
d.
an increase in consumption, which shifts aggregate demand right
Suppose a stock market crash makes people feel poorer. What are the effects of this decrease in wealth?
a.
a decrease in consumption, which shifts aggregate supply left
b.
a decrease in consumption, which shifts aggregate demand left
c.
an increase in consumption, which shifts aggregate supply right
d.
an increase in consumption, which shifts aggregate demand right
tariqahmad9898Lv10
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20 Jun 2019
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