Which of the Following Causes the Dynamic AD Curve to Shift

question 124

Multiple Choice

Which of the following causes the dynamic AD curve to shift left? I. increased taxes II. increased consumer confidence III. increased import growth

• A) I and II only
• B) II and III only
• C) I and III only
• D) I, II, and III

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Definitions:

Instrumental Support

Refers to the provision of tangible aid and services that directly assist a person in need.

Innovation

The introduction of new ideas, devices, or methods, often leading to improvements in processes, products, or technology.

Relative Advantage

The degree to which an innovation is perceived as better than the idea, program, or product it replaces.

Adopter

An individual or entity that starts using a new product, innovation, or technology.