A Leftward Shift of the Aggregate Demand (AD)curve Could Result

question 27

Multiple Choice

A leftward shift of the aggregate demand (AD) curve could result from a fall in

• A)autonomous government purchases.
• B)induced imports.
• C)the price level.
• D)autonomous desired saving.
• E)the net tax rate.

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Definitions:

Single Mother

A woman who parents a child or children without the support of a partner in the household.

Electric Bill

A statement of the cost of electricity consumption for a specific period, typically issued monthly by utility companies to households or businesses.

Feminization Of Poverty

The theory that (1) women are more likely to be low-income earners than men, and (2) the low-income gap between women and men is growing.

Low-Income Earners

Individuals or families whose income falls below a certain threshold, often determined by national or regional standards, leading to potential financial instability.