Which of the Following Changes Shifts the AD Curve to the Left

question 59

Multiple Choice

Which of the following changes shifts the AD curve to the left?

• A)a decline in the nominal money supply
• B)a decrease in income taxes
• C)a decrease in the risk on nonmonetary assets
• D)an increase in the future marginal productivity of capital

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Definitions:

Financing Statement

A document filed by a creditor to indicate a security interest in the personal property of a debtor.

Constructive Notice

Legal concept indicating that a person should have known a fact because it was publicly available or recorded, even if they had no actual knowledge of it.

Collateral

An asset offered to secure a loan or other credit and subject to seizure on default.

Investment Property

Real estate property that is purchased with the intention of earning a return on investment through rental income, the future resale of the property, or both.