If Aggregate Demand Keeps Shifting Rightward Month After Month and Aggregate

question 56

True/False

If aggregate demand keeps shifting rightward month after month and aggregate supply remains constant, the economy will experience a recession.

---

Definitions:

Less Valuable

Considered to have lower worth or importance in comparison to something else.

George Homans

An American sociologist known for his work in developing social exchange theory, which posits that the exchange of goods, services, and social values plays a key role in the formation of social relationships.

Success-Stimulus

The principle that success in a certain activity or field encourages continued action and effort in that or similar activities.

Preferences

Individual choices or inclinations towards certain options, actions, or outcomes, often studied in psychology and economics.