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LHAS -Yokoidill AD2 ADL Y2 YI YOUY Starting with ADI and SRASw, price level of PI and output YI if government increases taxes. a. AD
LHAS -Yokoidill AD2 ADL Y2 YI YOUY Starting with ADI and SRASw, price level of PI and output YI if government increases taxes. a. AD will shift to AD2 b. AD will shift to ADo LRAS will shift to the right SRASw will shift down to the right 2. Which of the following will cause the AD curve to shift to the left, a. A decrease in money supply b. An decrease in interest rates c. An increase in imports2. Which of the following will cause the AD curve to shift to the left, a. A decrease in money supply b. An decrease in interest rates C. An increase in imports 3. In the short run, a decrease in the value of the nation's currency a. Shift LRAS to the right b. Shift AD up to the right c. Shift AD down to the left d. Shift SRAS upward
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