The Aggregate Demand Curve

question 39

Multiple Choice

The aggregate demand curve:

• A) would be little affected by a technological advancement.
• B) shifts to the right when spending decreases.
• C) shifts to the left when there is a decrease in taxes.
• D) cannot move independently of the aggregate supply curve.
• E) shifts to the right when there is an expectation that future income will fall.

---

Definitions:

Strategic Planning

The process of defining a company's direction and making decisions on allocating resources to pursue this direction.

Competitive Intelligence

The gathering and analysis of information about competitors, market trends, and other external factors affecting a business's competitive position.

Globalization and Localization

The balance between adapting business practices to local cultures and markets (localization) while leveraging global trends and economies of scale (globalization).

Scenario-Based Analysis

A method of planning that uses hypothetical situations to anticipate potential challenges and devise strategic responses.