The AD Curve Shifts to the Right When

question 63

Multiple Choice

The AD curve shifts to the right when

• A) the Fed alters its fiscal policy rules
• B) any economic shock disrupts the economy
• C) the AS curve does not shift
• D) new trade legislation is passed
• E) positive demand shocks occur

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Definitions:

SNAP

stands for Supplemental Nutrition Assistance Program, a federal aid program in the United States that provides food-purchasing assistance for low- and no-income people.

Income

Funds received regularly as a result of working or making investments.

Objective Eligibility Criteria

The predefined and transparent standards used to determine an individual's or entity's qualification for a program or benefit.

Public Assistance

Government-provided support aimed at individuals or households with inadequate or no income.