Consider the following statements about the Aggregate Demand (AD) relation under price flexibility and say which are correct.
(A) The AD curve shifts right if autonomous investment rises.
(B) The AD curve shifts right if net exports rise in an open economy.
(C) The AD curve shifts left if money supply contracts.
(D) As price rises, shifting the LM curve, the AD curve shifts to the left.
Choose the correct answer from the options given below:
Tap an option to check your answer.
