Professor Tabarrok suggests that the most important thing to understand about the AD curve is that:
A. changes in monetary or fiscal policy are incapable of shifting the AD curve.
B. changes in inflation can rotate the AD curve.
C. changes in spending growth can shift the AD curve.
D. changes in real GDP growth cause movement along the AD curve.
Ans: C. changes in spending growth can shift the AD curve.
Economics
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a. True b. False Indicate whether the statement is true or false
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