If the Money Wealth, Interest Rate, and International Effects Increase

question 132

Multiple Choice

If the money wealth, interest rate, and international effects increase the quantity of aggregate demand by 2 percent when the price falls by 2 percent and the multiplier is 4, then the slope of the aggregate demand curve is:

• A)−1/4.
• B)−1/2.
• C)−1.
• D)−4.

---

Definitions:

Mores

Social norms that are widely observed and have great moral significance within a particular society.

Taboos

Social or cultural prohibitions against certain practices, discussions, or expressions deemed unacceptable by a community.

Consumerism

The preoccupation with and inclination towards the buying of goods and services.

Ethnocentrism

The belief in the superiority of one's own ethnic group or culture, often manifesting as prejudice or bias against others.