Which of the Following Does NOT Shift the Aggregate Demand

question 32

Multiple Choice

Which of the following does NOT shift the aggregate demand curve?

• A)a change in monetary policy
• B)a change in foreign income
• C)a change in fiscal policy
• D)a change in expectations about the future
• E)a change in the money wage

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Definitions:

Robinson-Patman Act

A United States federal law aimed at preventing anticompetitive practices by producers, specifically price discrimination.

Sherman Act

A landmark antitrust law passed in the United States in 1890, aimed at maintaining fair competition by prohibiting monopolies and other practices that restrained trade.

Price Level

The mean value of current prices across all types of goods and services generated within the economy.

Approximate Price

An estimated cost of a product or service, which may not be the final price due to various influencing factors.