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Suppose a stock market boom makes people feel wealthier. Theincrease in wealth would cause people to desire increased consumption, which shifts the aggregatedemand curve
Suppose a stock market boom makes people feel wealthier. Theincrease in wealth would cause people to desire
increased consumption, which shifts the aggregatedemand curve right.
increased consumption, which shifts the aggregatedemand curve left.
decreased consumption, which shifts the aggregatedemand curve right.
decreased consumption, which shifts the aggregatedemand curve left.
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