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Macroeconomics

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Closed Economy: Consumer Confidence

MACRO-JA8OWU

In a closed economy, if consumers become more optimistic about the future (i.e. consumer confidence rises), then…

Select ALL that may apply.

A

The AD curve shifts to the left.

B

The AD curve shifts to the right.

C

The IS curve shifts to the left.

D

The IS curve shifts to the right.

E

The LM curve shifts to the left.

F

The LM curve shifts to the right.