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An increase in the demand for a good is represented by:
A decrease in demand is represented by a:
a. movement downward and to the right along a demand curve.
b. movement upward and to the left along a demand curve.
c. rightward shift of a demand curve.
d. leftward shift of a demand curve.
When taxes increase, consumption decreases. This is shown in the AS-AD model:
a. by a movement to the left along a given aggregate demand curve
b. by shifting aggregate demand to the left
c. by shifting aggregate supply to the left
d. by a movement to the right along a given aggregate demand curve