An Increase in Government Spending Initially and Primarily Shifts

question 52

Multiple Choice

An increase in government spending initially and primarily shifts

• A)aggregate demand to the right.
• B)aggregate demand to the left.
• C)aggregate supply to the right.
• D)neither aggregate demand nor aggregate supply in either direction.

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Definitions:

Statement Of Income

A financial statement that shows a company’s revenues, expenses, and profit or loss over a specific time period, often quarterly or annually.

Continuing Operations

Activities and processes that are not scheduled to be discontinued or sold off, representing the ongoing, primary business activities of an entity.

Discontinued Operations

Discontinued Operations refer to segments or components of a business that have been sold, disposed of, or abandoned and are reported separately on the income statement, as their performance is not indicative of ongoing operations.

Horizontal Analysis

An accounting method that compares financial data across multiple periods to identify trends and growth patterns.