Which of the Following Will Not Cause a Change in Aggregate

question 154

Multiple Choice

Which of the following will not cause a change in aggregate demand?

• A) An increase in consumer wealth
• B) An increase in the amount of investment demanded by firms at each price level
• C) An increase in an economy's price level
• D) An increase in the price level of a foreign economy

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Definitions:

Inputs

Resources used in the production process to generate outputs, including raw materials, labor, and capital.

Transformed Into Outputs

The process of converting inputs such as raw materials, labor, and energy into finished goods or services.

Quantitative Measure

Numerical indicators used to evaluate, compare, or track performance or production.

Productivity

The measure of the effectiveness of a production system, usually quantified as the ratio of output to input over a specific period.