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Suppose that Y = C + I + G + X – Z. Which of the following can be illustrated by...

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Suppose that Y = C + I + G + X – Z. Which of the following can be illustrated by a rightward shift of the AD curve?

(a) Increased technological innovation and political stability.

(b) A boom in major economies such as China, which are South Africa’s major trading partners.

(c) Depreciation of the local currency against the world’s major currencies due to speculation.

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