In a Diagram That Includes Both the IA Line and the AD

question 169

Multiple Choice

In a diagram that includes both the IA line and the AD curve, the price adjustment resulting from an increase in spending is shown by

• A)the AD curve shifting to the left.
• B)the AD curve shifting to the right.
• C)the IA line shifting down.
• D)the IA line shifting up.
• E)the movement along the IA line.

---

Definitions:

Stock Boys

Employees responsible for stocking shelves, organizing products, and maintaining inventory in retail stores.

Monthly Revenues

The total income generated by a business, organization, or individual from all sources before any expenses are subtracted, calculated on a monthly basis.

Upper Quartile

The value below which 75% of the observations in a dataset fall, also known as the third quartile, representing the midway point of the upper half of a data set.

Government Workers

Employees who work for local, state, or federal governments, performing a wide range of public service duties.