If Income Increases Across Europe, What Will Happen to the Aggregate

question 75

Multiple Choice

If income increases across Europe, what will happen to the aggregate demand curve for the United States?

• A) The aggregate demand curve will shift to the right.
• B) The aggregate demand curve will shift to the left.
• C) The aggregate demand curve will shift to the left in the short run and then to the right in the long run.
• D) The aggregate demand curve will not change.

---

Definitions:

Risk Taking

The act of engaging in behaviors or decisions that have a potential for undesirable outcomes in pursuit of a desired result.

Piaget's Formal Operations

A stage in Jean Piaget's theory of cognitive development, occurring from age 12 onwards, where an individual develops the ability to think abstractly, logically, and systematically.

Cognitive Development

The process of growth and change in intellectual capabilities such as thinking, reasoning, and understanding.

Suicide

The act of intentionally causing one's own death, often resulting from despair or mental health conditions.