An Increase in ________ Shifts the AE Curve ________ and an Increase

question 60

Multiple Choice

An increase in ________ shifts the AE curve ________ and an increase in ________ shifts the aggregate demand curve ________.

• A) autonomous expenditure; upward; the price level; leftward
• B) the price level; downward; autonomous expenditure; rightward
• C) the price level; upward; autonomous expenditure; leftward
• D) autonomous expenditure; upward; the price level; rightward

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Definitions:

Growth Increase

An upward trend in the expansion of an economy or business, indicated by rising output, sales, or other success metrics.

Macroeconomics

The branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

National Economy

The economic activities and performance of a specific nation, considering all its stakeholders.

Interactions

Interactions refer to the reciprocal action or influence that entities or phenomena have upon one another within any system or environment.