Aggregate demand and aggregate supply

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Question 20
Easy

Which of the following would explain the movement from X X\,X to Y Y\,Y in the aggregate demand diagram below?

Aggregate Demand Curve

A sustained rise in consumer and business confidence

A reduction in the basic rate of personal income tax

An increase in the real purchasing power of household cash balances

An expansion in government funding for transport infrastructure

Aggregate demand and aggregate supply Questions

  1. A Level
  2. /Economics
  3. /Aggregate demand and aggregate supply