If There Is an Increase in Expected Future Income,then

question 56

Multiple Choice

If there is an increase in expected future income,then

• A)the aggregate demand curve shifts rightward.
• B)there is an upward movement along the aggregate demand curve.
• C)the aggregate demand curve shifts leftward.
• D)there is a downward movement along the aggregate demand curve.
• E)the aggregate demand curve becomes steeper.

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Definitions:

Designated Drivers

Individuals who abstain from drinking alcohol at social events in order to safely drive themselves and others home.

Institutional Advertising

Advertising aimed at creating a favorable image for an organization rather than promoting individual products or services.

Philanthropic

Characterized by the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.

Advocacy

The act of supporting or arguing in favor of a particular cause, policy, or group, often involving efforts to influence public opinion or policy.