Question: Which of the following changes could explain the reason for the shift in output from Y1 to Y2? Increase in income tax rates Decrease in

Which of the following changes could explain the reason for the shift in output from Y1 to Y2?

Price level P1 P2 Y2 Y1 AS AD1 AD2 Output

Increase in income tax rates Decrease in input prices Increase in household spending Decrease in price level Increase in private investment.

Price level P1 P2 Y2 Y1 AS AD1 AD2 Output

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