Which of the Following Is Most Likely to Lead to an Inward

question 117

Multiple Choice

Which of the following is most likely to lead to an inward shift of the aggregate demand curve?

• A)A decrease in the prices of raw materials
• B)A decline in foreign price levels
• C)A decline in the domestic price level
• D)An optimistic expectation about the economy's performance in the near future
• E)A decrease in foreign income

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Definitions:

Percentage

A fraction or ratio expressed as a part of 100, used to quantify relative size and proportion.

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Characterized by precision and correctness in details or measurements.

Cent

A monetary unit in many countries, equal to one-hundredth of the base unit of currency, such as the dollar or euro.

Evaluate

To assess or judge the value, nature, or importance of something.