Find the Word or Phrase That Best Completes Each Statement

question 20

Short Answer

Find the word or phrase that best completes each statement.
(a) A decrease in exports will:
(b) An increase in technology will:
(c) An increase in government expenditure will:

(i)shift the aggregate demand curve to the right.
(ii)not shift the aggregate demand curve.
(iii)shift the aggregate demand curve to the left.

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Definitions:

Cultural Relativism

The belief that a person's beliefs, values, and practices should be understood based on that person's own culture, rather than judged against the criteria of another.

Ethicists

Scholars who study and analyze moral principles and how they apply to behavior.

Prohibition

The legal act of forbidding certain actions, substances, or activities, typically through legislated bans.

Basic Rights

Fundamental freedoms and protections that individuals are entitled to, often enshrined in law or constitutional documents.