In 2009, the U

question 145

Multiple Choice

In 2009, the U.S. government passed a bill that increased government spending. In response, the aggregate demand curve most likely:

• A) shifted to the left.
• B) shifted to the right.
• C) remained unchanged, but the economy moved up along the curve to a higher quantity.
• D) remained unchanged, but the economy moved down along the curve to a lower quantity.

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Definitions:

Budgeting

The process of creating a plan to spend your money, enabling you to determine in advance whether you will have enough money to do the things you need or want to do.

Planning Budget

A financial plan that estimates future revenues, expenses, and resource needs for a specific period.

Refurbishing Materials

Refurbishing materials are materials and supplies used in the process of renovating and restoring products or buildings to good condition.

Containers Refurbished

Refers to the process of repairing, cleaning, and restoring containers to a like-new condition for reuse.