Suppose a Stock Market Crash Makes People Feel Poorer

question 195

Multiple Choice

Suppose a stock market crash makes people feel poorer.What are the effects of this decrease in wealth?

• A)a decrease in consumption, which shifts aggregate supply left
• B)a decrease in consumption, which shifts aggregate demand left
• C)an increase in consumption, which shifts aggregate supply right
• D)an increase in consumption, which shifts aggregate demand right

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