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IB Economics Unit 3.1: Macroeconomics - Economic Output, AD & AS (id: 24dc9bebe)

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admin 发表于 2024-4-10 18:03:45 | 显示全部楼层 |阅读模式
本题目来源于试卷: IB Economics Unit 3.1: Macroeconomics - Economic Output, AD & AS,类别为 IB经济学

[单选题]

Identify which of the following is most likely to have caused the shift from $AD_1$to $AD_2$ in the diagram above
I. Expectations of future decrease in the average price level
II.Decrease in interest rates
III. Increase in income taxes
IV.Increase in income of trading partners

A. I only
B. II only
C. II and III only
D. II and IV only


参考答案:  D


本题详细解析:
The aggregate demand shifts rig(9 xdkk eky/g4htward ($AD_1$to $AD_2$) when a component of AD increases. The components of AD are consumption (C), investment (I), government spending (G), and net exports (NX), which are calculated as exports (X) minus (M). Choice I is incorrect because a future decrease in price levels will incentivise people to reduce consumption. Choice II is correct because a reduction in interest rates boosts consumption and investment. Choice III is incorrect because an increase in income taxes reduces disposable income and leads to a fall in consumption. Choice IV is correct because an increase in income of trading partners increases a country's exports, increasing net exports.

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