Consider the Following News Headline: "Canadian Exporters Hurt by Foreign

question 5

Multiple Choice

Consider the following news headline: "Canadian exporters hurt by foreign recession." Assuming that aggregate output is demand- determined, what effect will this have, all other things equal, on the AE function and on equilibrium national income?

• A)the AE function will rotate upward (become steeper)and equilibrium national income will rise.
• B)the AE function will shift up parallel to itself and equilibrium national income will rise.
• C)the AE function will rotate downward (become flatter)and national income will fall.
• D)there will be no change in the AE function or in equilibrium national income.
• E)the AE function will shift down parallel to itself and equilibrium national income will fall.

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Definitions:

Oral Presentation

A spoken report or speech given to an audience, often in a formal setting, for the purpose of sharing information, research, or ideas.

Visuals

Images, diagrams, charts, or any graphic elements used to support or enhance communication of ideas or data.

Laser Presenter Tools

Devices that use a laser to point at and highlight specific parts of a presentation.

Physical Action

Any movement of the body, typically involving effort and undertaken to achieve a purpose or result.