Which of the Following Would Likely Cause the Aggregate Demand

question 150

Multiple Choice

Which of the following would likely cause the aggregate demand curve to shift to the left?

• A) Decreased income taxes
• B) Decreased consumer confidence
• C) Increased government spending
• D) increased investor confidence

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Definitions:

Schematic

A diagram that represents the elements of a system using abstract, graphic symbols rather than realistic pictures.

Movement Of People

The collective migration or travel of individuals or groups from one location to another, relevant in various contexts including economics, urban planning, and sociology.

Labour Standards

Established benchmarks for the amount of time required for a worker to complete specific tasks.

Labour Content

The total amount of work effort, measured in labor hours or cost, required to produce a unit of product or service.