If a Change in Wealth Is Induced by a Change

question 84

Multiple Choice

If a change in wealth is induced by a change in the price level, then this would be shown as a

• A)movement along the aggregate demand curve.
• B)shift of the aggregate demand curve due to the substitution effects.
• C)movement along the aggregate demand curve due to the substitution effects.
• D)movement along the aggregate supply curve.
• E)shift of the aggregate demand curve due to the wealth effect.

---

Definitions:

Bone

A rigid organ that constitutes part of the vertebrate skeleton, supporting the body, protecting organs, anchoring muscles, and storing minerals.

Developing Bone

Refers to the growth and formation process of bone tissue, typically occurring during childhood and adolescence through ossification.

Long Bone

A type of bone that is longer than it is wide, primarily found in the limbs and serving as a site for muscle attachment and leveraged movement.

Shaft

A long, slender part of an object, designed to support or transmit mechanical power, such as the handle of a tool or the long part of a feather.