Which of the Following Would Likely Cause an Upward Parallel

question 114

Multiple Choice

Which of the following would likely cause an upward parallel shift in the AE curve and a rightward shift in the AD curve?

• A)an increase in the business confidence of firms
• B)a reduction in government purchases
• C)an increase in the MPC
• D)a decrease in the price level
• E)an increase in the price level

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Definitions:

Cases

Instances or occurrences of a particular disease or condition being studied.

Measured Variables

Variables in an experiment or observational study that are quantified or recorded by the researcher.

Units

Basic quantities or components that serve as a standard of measurement in scientific observations or calculations.

Boxplots

A standardized way of displaying the distribution of data based on a five-number summary: minimum, first quartile, median, third quartile, and maximum.