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Business, 06.04.2021 02:00 lizatapper3086

he following figure shows a decrease in aggregate demand (AD) in an imaginary country. Specifically, aggregate demand shifts to the left from AD1 to AD2, causing the quantity of output demanded at the price level of 130 to fall from $400 billion to $200 billion. This shift of AD could have been caused by a depreciation of the domestic currency relative to foreign currencies. Is this statement true or false

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he following figure shows a decrease in aggregate demand (AD) in an imaginary country. Specifically,...
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