Question: 1. Multiple Choice WITH Explanation. [20 points] Choose the one alternative that best completes the statement or answers the question and explain your reasoning. Do

 1. Multiple Choice WITH Explanation. [20 points] Choose the one alternative

that best completes the statement or answers the question and explain your

1. Multiple Choice WITH Explanation. [20 points] Choose the one alternative that best completes the statement or answers the question and explain your reasoning. Do not forget to include equations, graphs, or anyr other material to support 1your choice lanswerl. No credits without explanation. - Let the aggregate demand be described log:r the function D = D( EEPF, I, G, Y T, Y; TF, en, g, 11,]. Assume the following functions for consumption, exports and imports: C=Cg+1[YTl EX =a,, +.(YF TF) Hint IMP = :m + MY -T) - rat: where en, n, and n]. are parameters {numbers} that can loe positive or negative, and c1,1,y|,g, and y; are parameters {numbers} greater than zero. Then, ALL of the following changes can shift the aggregate demand function DOWN in the Keynesian Cross diagram: a] a lower 11]., lower u, lower on, lower T, lower G, lower I, and a lower Emp. bl a higher m, lower n, lower on, higher T, lower G, lower I, and a lower Emp. c] a lower gm, higher .60, higher on, lower T, higher G, higher I, and a higher Emp. d} a lower m, lower u, lower on, lower T, higherG, higher I, and a lower Emir. e] a higher m, higher ,6\

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