A Leftward Shift of the Aggregate Demand (AD)curve Could Result

question 129

Multiple Choice

A leftward shift of the aggregate demand (AD) curve could result from a fall in

• A)autonomous government purchases.
• B)induced imports.
• C)the net tax rate.
• D)autonomous desired saving.
• E)the price level.

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Definitions:

Pollution Levels

The concentration of pollutants in the environment, affecting air, water, and soil quality.

Marginal External Cost

The cost of producing an additional unit of a good or service that is borne by individuals other than the producer, typically not reflected in the market price.

Park Visitation Fee

A charge imposed on visitors for access to a park, used to fund conservation efforts, maintenance, and improve the visitor experience.

National Parks

Protected areas of natural significance designated by national governments for conservation purposes, and for the enjoyment and recreation of the public.