A Shift to the _____ of the _____ Curve Would

question 103

Multiple Choice

A shift to the _____ of the _____ curve would cause the price level and employment to decrease.

• A) left; aggregate demand
• B) right; aggregate demand
• C) left; short-run aggregate supply
• D) right; short-run aggregate supply

---

Definitions:

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.

Dividends Declared

Profits distributed by a company to its shareholders, usually determined by the board of directors, and not yet paid out.

Normal Balance

The side (debit or credit) of an account that is typically increased; for assets and expenses, it's a debit; for liabilities, equity, and revenue, it's a credit.

Debit

An entry recorded on the left side of an account in bookkeeping, indicating an increase in assets or expenses or a decrease in liabilities, equity, or income.