15 of 17 "> Aggregate Demand and Aggregate Supply - End of Chapter Problem For each of the scenarios, use the graph to show the shift in aggregate demand. a. Poor numbers from several leading indicators cause businesses to become pessimistic about the future of the AD-AS graph economy. AS Price level AD Outputent Score: 71.4% 15 of 17 b. Congress passes a new budget that increases government purchases by 3%. AD-AS graph AS Price level AD Outputc. Housing prices have been declining in recent years, leading homeowners to feel less prosperous. AD-AS graph AS Price level AD Outputd. The Chinese government eliminates tariffs it charges on goods exported from the United States. AD-AS graph AS Price level AD Outpute. Banks begin taking on riskier business loans at lower interest rates. AD-AS graph AS Price level AD Outputf. A rise in output leads the Fed to increase real interest rates. AD-AS graph AS Price level AD Output