Which of the Following Would Have Caused Aggregate Demand to Decrease

question 137

Multiple Choice

Which of the following would have caused aggregate demand to decrease during the Great Depression?

• A) a decrease in tax rates
• B) an increase in international trade
• C) a decrease in the money supply
• D) an increase in the labor supply
• E) an increase in consumer sentiment

---

Definitions:

Default Notice Clause

A provision in a contract that specifies the conditions under which a party is considered in default and the notice that must be given to them.

Foreclosure Action

A legal process by which a lender seeks to recover the balance of a loan from a borrower who has stopped making payments.

Right of Action

The legal right to sue or pursue litigation in order to enforce or defend a right or claim.

Equity of Redemption

The right of a mortgagor to redeem their property once the debt secured by the mortgage is fully paid.