The U.S. Aggregate Demand Curve Shifts Leftward If

question 8

Multiple Choice

The U.S. aggregate demand curve shifts leftward if

• A) the economic conditions in Europe improve so that European incomes increase.
• B) there is a tax cut.
• C) the Federal Reserve increases the interest rate.
• D) the exchange rate falls.

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Definitions:

Mushroom

A type of fungus with a distinctive fruiting body that can be either edible or poisonous, often growing in damp conditions.

Ringworm

Condition of the skin caused by a fungal infection.

Chytrids

A group of simple, aquatic fungi that are unique among fungi in having flagellated spores and representing the most primitive fungal phylum.

Kingdom

One of the categories, or taxa, used to group species; the taxon above the phylum level.