Figure 12.2 -Consider the Economy Described in Figure 12.2. the Shift in 12.2

question 92

Multiple Choice

Figure 12.2

-Consider the economy described in Figure 12.2. The shift in aggregate demand from AD₁ to AD₂ could have been initiated by

• A) a decrease in the price level.
• B) an increase in saving.
• C) government budget cuts.
• D) an increase in autonomous net exports.
• E) lower resource prices.

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Definitions:

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Person-Situation Debate

A theoretical discourse in psychology about the relative influence of personality traits versus situational factors in determining behavior.

Human Nature

The inherent characteristics, including ways of thinking, feeling, and acting, that all humans are considered to have.

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