During the Great Recession,the U

question 66

Multiple Choice

During the Great Recession,the U.S.aggregate demand curve shifted to the left,in part,because

• A) the stock market declined in value by one-third.
• B) there was a decline in the U.S.population.
• C) there was an increase in expected income.
• D) the U.S.government restricted trade with other countries.
• E) there was an increase in housing prices.

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Definitions:

Appeal To Ignorance

A fallacy in arguments where a conclusion is based on an absence of evidence, rather than the presence of evidence.

College Cafeteria

A dining area within a college or university where students, faculty, and staff can purchase and eat meals.

Leftovers

Food that remains uneaten at the end of a meal and is often saved for later consumption.

Roommate

A person with whom one shares a living facility such as a room or apartment but is not related or romantically involved with.