Which of the Following Events Shifts the Aggregate Expenditure Curve

question 166

Multiple Choice

Which of the following events shifts the aggregate expenditure curve and also shifts the aggregate demand curve?
I. a decrease in investment
II. a change in the price level
III. an increase in exports

• A)I and II
• B)I and III
• C)II and III
• D)I, II, and III
• E)all of the above

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Definitions:

Control

The power or authority to direct, manage, oversee, or govern something or someone.

Ratification

The act of formally approving an agreement or action, often after the fact, to make it officially valid.

Principal

The most important or significant entity in a given situation, or the original sum of money in a loan or investment before interest.

Implied

Suggested or understood without being directly expressed.