If Business Confidence Increases

question 150

Multiple Choice

If business confidence increases,

• A)there will be an upward movement along the AD curve.
• B)there will be a downward movement along the AD curve.
• C)the AD curve will not be affected.
• D)the AD curve will shift to the left.
• E)the AD curve will shift to the right.

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Definitions:

Markdown Percentage

The reduction percentage applied to an item's retail price to stimulate sales or clear out inventory.

Hand-painted Stemware

Glassware for drinks that has been decorated by hand with paint, often featuring intricate designs or patterns.

List Price

The manufacturer's suggested retail price or the price at which a product is commonly sold to the public.

Markdown

is a reduction in the selling price of goods, often to clear old stock or respond to reduced demand.