If consumer debt increases as a result of a nationwide spending spree, then ...
A) there is a movement down the AD curve as output decreased.
B) AD shifts right and output would decrease.
C) AD shifts right and output would increase.
D) AD shifts left and output would decrease.
E) AD shifts left and the output would increase.
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Home » Advanced Placement (AP) » If consumer debt increases as a result of a nationwide spending spree, then ... A) there is a movement down the AD curve as output decreased. B) AD shifts right and output would decrease. C) AD shifts right and output would increase.