John Is Expecting to Get a Hike in His Salary

question 9

Multiple Choice

John is expecting to get a hike in his salary after 3 months.Assuming all else equal,this is likely to cause a(n) ________ his current credit demand curve.

• A) downward movement along
• B) upward movement along
• C) left shift of
• D) right shift of

---

Definitions:

Permanent State

A condition or status that does not change over time and remains constant indefinitely.

Despair

A profound sense of hopelessness, often accompanied by a loss of motivation and decreased emotional well-being.

Indifferent

Having no particular interest or sympathy; unconcerned or neutral towards something.

Psychological State

An individual's current mental condition or mind state, which can affect perceptions, emotions, and behavior.