Which of the Following Shifts Aggregate Demand to the Right

question 126

Multiple Choice

Which of the following shifts aggregate demand to the right?

• A)The price level rises.
• B)The price level falls.
• C)The Fed purchases government bonds on the open market.
• D)None of the above is correct.

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Definitions:

Cost of Goods

The total expense incurred to create products or services sold by a company, including labor, materials, and overhead.

LIFO Method

Last In, First Out method, an inventory costing method where the last items purchased are the first ones sold.

Ending Inventory

The value of goods available for sale at the end of an accounting period, determined by a physical count or by applying the cost flow assumption.