A Shift in the Aggregate Expenditure Curve as a Result

question 330

Multiple Choice

A shift in the aggregate expenditure curve as a result of an increase in the price level results in a

• A) leftward shift in the aggregate demand curve.
• B) rightward shift in the aggregate demand curve.
• C) movement up along the aggregate demand curve.
• D) movement down along the aggregate demand curve.

---

Definitions:

Precycling

The practice of reducing waste by attempting to avoid bringing into the home or business items which will generate waste.

Sensory Memory

The shortest-term element of memory, it is the ability to retain impressions of sensory information after the original stimuli have ended.

Long-term Memory

A type of memory responsible for the storage of information over an extended period, ranging from days to decades.

Working Memory

A cognitive system with a limited capacity that is responsible for temporarily holding information available for processing and manipulation.