Suppose a Drop in Stock Prices Makes People Feel Less

question 191

Multiple Choice

Suppose a drop in stock prices makes people feel less wealthy.This would cause __________ the economy's AD curve.

• A) movement down along
• B) movement up along
• C) a rightward shift of
• D) a leftward shift of

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Definitions:

Valuable Human Resource

Refers to employees who are highly beneficial to an organization due to their skills, talents, and contributions.

Labor

The effort by people to produce goods or services that have economic value.

Event Timing Forecast

The prediction of when certain events are likely to occur, often used in planning and strategy development.

Market

An economic system that allows buyers and sellers to exchange goods and services.