At a Given Price Level,an Increase in Stock Market Wealth

question 30

Multiple Choice

At a given price level,an increase in stock market wealth will shift the aggregate demand curve:

• A)rightward.
• B)leftward.
• C)both.
• D)none of the above.

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Definitions:

Collateral

Assets pledged as security for the repayment of a loan, forfeitable in the event of a default.

Secured Creditor

A creditor with the advantage of a security interest in assets of the debtor, offering protection for the credit extended.

Security Interest

is a legal claim or right granted over assets as collateral to secure the performance of an obligation, usually the repayment of a loan.

Security Interest

A legal claim or lien on property or assets, granted to secure the performance of an obligation or repayment of a debt.