Which of the Following Statements Is Correct

question 89

Multiple Choice

Which of the following statements is correct?

• A)An increase in exports shifts the aggregate demand curve leftward.
• B)A increase in people's expected future income shifts the aggregate demand curve leftward.
• C)A tax increase shifts the aggregate demand curve leftward.
• D)An increase in potential GDP shifts the aggregate demand curve rightward.
• E)The higher the price level, the larger is the quantity of real GDP demanded.

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Definitions:

Lateral Decision Making

A decision-making process that involves collaboration among team members or departments at the same organizational level, rather than following a top-down approach.

Team Culture

The shared values, practices, and norms that shape the behavior and interaction of team members within an organization.

Creative Teamwork

The collaborative effort of a group to generate innovative solutions and ideas through collective creativity.

Leader-Member Exchange

A theory describing the dyadic relationship and exchange between leaders and followers, influencing organizational outcomes.