Business, 07.11.2019 05:31 hardwick744

What will likely happen to the slope or position of the ad curve in the following circumstances?
a. the exchange rate changes from fixed to flexible. the ad curve becomes steeper. the ad curve shifts to the right. the ad curve becomes flatter. the ad curve shifts to the left.
b. a fall in the price level doesn't make people feel richer. the ad curve shifts to the right. the ad curve becomes flatter. the ad curve shifts to the left. the ad curve becomes steeper.
c. a fall in the price level creates expectations of a further-falling price level. the ad curve becomes steeper. the ad curve shifts to the left. the ad curve shifts to the right. the ad curve becomes flatter.
d. income is redistributed from rich people to poor people. the ad curve shifts to the right. the ad curve becomes steeper. the ad curve shifts to the left. the ad curve becomes flatter.
e. autonomous exports increase by 20. the ad curve shifts to the right by 20. the ad curve shifts to the right by a multiple of 20. the ad curve shifts to the left by a multiple of 20. the ad curve shifts to the left by 20.
f. government spending decreases by 10. the ad curve shifts to the left by 10. the ad curve shifts to the left by a multiple of 10. the ad curve shifts to the right by 10. the ad curve shifts to the right by a multiple of 10.

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What will likely happen to the slope or position of the ad curve in the following circumstances?

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