If Consumption Increases, the Aggregate Demand Curve Will

question 122

Multiple Choice

If consumption increases, the aggregate demand curve will:

• A) shift to the left.
• B) shift to the right.
• C) remain unchanged, but the economy will move upward along the curve to a higher quantity demanded.
• D) remain unchanged, but the economy will move downward along the curve to a lower quantity demanded.

Gain knowledge on how to identify accounts that need to be closed at the fiscal year-end.

Understand the sequence of steps in the accounting cycle from transaction analysis to preparation of financial statements.

Learn the purpose and creation of the end-of-period spreadsheet (work sheet) and its components.

Comprehend the effect of net income or loss on the balance sheet and income statement preparation from an end-of-period spreadsheet.

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Definitions:

Discriminating

The act of making unjust distinctions between people based on the groups, classes, or other categories to which they belong or are perceived to belong.

Right-to-Sue Letter

A document issued by a government agency, such as the Equal Employment Opportunity Commission, granting an individual permission to file a lawsuit in court.

Equal Employment Opportunity Commission

A federal agency responsible for enforcing laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex, national origin, age, disability, or genetic information.

Bona Fide Occupational Qualification

An employment practice that allows for consideration of traits or characteristics that are normally considered discrimination if they are genuinely necessary to the normal operation of a particular business.