18c: a decrease in the price level18d: a reduction in personal income taxes18e: an increase in the price level

Price level C AD AD3 AD, Real GDP 14. In Figure 7.1 the movement from point B to point D is described as a) an upward movement along the aggregate demand curve b) a decrease in aggregate demand c) an increase in aggregate demand d) a decrease in real gross domestic product (GDP) e) a downward movement along the demand 15. In figure 7.1 a movement from point A to point B be caused by a) a decrease in government spending b) an increase in net exports a decrease in the price level d) a reduction in personal income taxes e) an increase in interest rates 16. In figure 7.1, what would cause a movement from point C to point B? a) A decrease in the price level b) An increase in export funding C) An increase in investment spending d) A reduction in consumption spending An increase in the price level 17. In Figure 7.1, what would a movement from point B to point D? a) A decrease in the price level b) An increase in import spending C) An increase in government spending d) A reduction in consumption spending e ) An increase in the price 18. In Figure 7.1 a movement from point C to point B would be caused by a) a decrease in government spending b) an increase in net exports