Aggregate Demand Will Decrease If

question 178

Multiple Choice

Aggregate demand will decrease if:

• A) the aggregate price level falls.
• B) the government raises tax rates.
• C) productivity declines.
• D) the money supply increases.

---

Definitions:

Historical Influence

The impact that past events, figures, or movements have on current beliefs, practices, or knowledge.

Cultural Experiences

Events, practices, or activities that individuals engage in, which are influenced by or reflective of their cultural backgrounds.

Cross-Sectional Research

Cross-sectional research is a type of study that examines data from a population, or a representative subset, at one specific point in time.

Longitudinal

A research approach that involves studying the same participants over a period of time.