Which of the Following Happens to Aggregate Demand If People

question 36

Multiple Choice

Which of the following happens to aggregate demand if people want to save more for retirement and the government raises taxes?

• A)Aggregate demand shifts right.
• B)Aggregate demand shifts left.
• C)If people save more, aggregate demand shifts right; f the government raises taxes, aggregate demand shifts left.
• D)If people save more, aggregate demand shifts left; if the government raises taxes, aggregate demand shifts right.

---

Definitions:

Adler

Alfred Adler was an Austrian medical doctor and psychotherapist who founded the school of individual psychology, emphasizing the importance of societal factors in personality development.

Determinant

An element or factor that decisively affects the nature or outcome of something.

Personality Changes

Alterations in an individual's characteristic patterns of thinking, feeling, and behaving, which can be due to various factors including psychological conditions or life experiences.

Adolescence

The transitional period between childhood and adulthood, characterized by physical, psychological, and social changes.