In a Macro Model with a Constant Price Level,an Increase

question 76

Multiple Choice

In a macro model with a constant price level,an increase in government purchases will cause the AE curve to shift

• A)downward and the AD curve to shift to the right.
• B)downward and the AD curve to shift to the left.
• C)downward and a movement to the right along the AD curve.
• D)upward and the AD curve to shift to the left.
• E)upward and the AD curve to shift to the right.

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Definitions:

PepsiCo

A global food and beverage leader with a product portfolio including 22 brands that generate more than $1 billion each in estimated annual retail sales.

Soft Drink Industry

An economic sector involved in manufacturing, distribution, and sales of non-alcoholic beverages, such as sodas, juices, and carbonated drinks.

Food Industry

The sector of the economy concerned with the production, processing, and distribution of food products.

Across Cultures Competency

The ability to understand, respect, and effectively interact with people from diverse cultural backgrounds.