Which of the Following Would Likely Cause an Upward Parallel

question 114

Multiple Choice

Which of the following would likely cause an upward parallel shift in the AE curve and a rightward shift in the AD curve?

• A)an increase in the business confidence of firms
• B)a reduction in government purchases
• C)an increase in the MPC
• D)a decrease in the price level
• E)an increase in the price level

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Definitions:

Personal Goals

Individual objectives or desires that a person aims to achieve or accomplish over a period.

Social Duties

Obligations or responsibilities expected by society from its members, such as obeying laws and being a responsible citizen.

Individualism

A cultural or social outlook that emphasizes the moral worth of the individual over the collective, often associating with independence and self-reliance.

Group Goals

Shared objectives or outcomes that members of a group aim to achieve collectively through collaboration and group effort.