Everything Else Remaining the Same, If Aggregate Demand Changes, the Amount

question 64

Multiple Choice

Everything else remaining the same, if aggregate demand changes, the amount by which the AD curve shifts depends on

• A)changes in induced expenditure.
• B)potential GDP.
• C)the change in the price level.
• D)the change in aggregate supply.
• E)the change in autonomous expenditure and the multiplier.

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Definitions:

Payoff

The return or reward received from an investment or action, often analyzed in game theory and economics.

Proportion

A portion, fraction, or quantity that is seen in contrast to the entire entity.

Equilibrium

A condition or state where all acting influences are balanced, particularly in a market when supply equals demand.

Penalty Kick

A penalty kick in economics might refer metaphorically to an opportunity to score or gain significantly with little opposition, though it's primarily a sports term.