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(Solved): The graph below is associated with a hypothetical country. Consider an increase in aggregate derman ...
The graph below is associated with a hypothetical country. Consider an increase in aggregate dermand (AD). Specifically, aggregate demand shifts to the right from \( A D_{1} \) to \( A D_{2} \), causing the quantity of output demanded to rise at each price level. For instance, at a price level of 140 , output is now \( \$ 400 \) billon, where intially it was \( \$ 300 \) billion.
The following table lists several determinants of aggregate demand. Fill in the missing values in the table by selecting the change in each scenarlo required to increase aggregate demand.