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3. Describe whether the following changes cause AD to shift to the right, to the left or to not shift all. (Draw a diagram for
3. Describe whether the following changes cause AD to shift to the right, to the left or to not shift all. (Draw a diagram for each part.) a. The price level increases, b. Purchases of new homes decrease. c. Imports decrease and Exports increase. d. The stock market increases in value
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