Considering both the Keynesian and the aggregate demand-supply frameworks, if households as a group experience an increase in wealth at a given price level, then the TE curve shifts __________, the AD curve shifts __________, and Real GDP __________
A) downward; leftward; decreases
B) downward; rightward; decreases
C) upward; rightward; increases
D) upward; leftward; increases
C
Economics
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a. 5 percent. b. 11 percent. c. 22 percent. d. 31 percent.
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