Which of the Following Is Correct

question 55

Multiple Choice

Which of the following is correct?

• A)An increase in the money supply causes the interest rate to decrease so that aggregate demand shifts left.
• B)An increase in stock prices reduces consumption spending so that aggregate demand shifts left.
• C)An increase in the price level causes the exchange rate to rise so that aggregate demand shifts left.
• D)A recession in other countries reduces U.S.net exports so that U.S.aggregate demand shifts left.

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Definitions:

Sales

The activities related to selling goods or services and the amount of goods or services sold within a given period.

μ

It signifies the mean or average of a population in statistics, representing the central location of a data set.

σ

The symbol representing the standard deviation of a population, indicating the dispersion of data points from the mean in a population.

Normally Distributed

Characterizes a probability distribution with symmetry around its mean, illustrating that occurrences close to the mean are more common than those distant from the mean.