Which of the Following Would Shift Aggregate Demand to the Left

question 140

Multiple Choice

Which of the following would shift aggregate demand to the left?

• A) A study predicts that the recent drought will increase food prices this winter.
• B) There is a rise in the median price of houses.
• C) A rise in the price level reduces saving and increases interest rates.
• D) The value of the dollar increases.
• E) The European Union emerges from recession.

---

Definitions:

Societal Objectives

Goals or aims that benefit society as a whole, often pursued by organizations, governments, or groups seeking to improve quality of life, social welfare, or community development.

Economic

Pertaining to the production, distribution, and consumption of goods and services and the management of money and resources.

Compensation Package

The total combination of salary, benefits, bonuses, and any other forms of remuneration offered to an employee by an employer.

Profit-Sharing Plan

A system whereby an employer pays compensation or benefits to employees, usually on an annual basis, in addition to their regular wage, on the basis of the profits of the company.