Which of the Following Would Qualify as an Aggregate Demand

question 2

Multiple Choice

Which of the following would qualify as an aggregate demand shock?

• A)An unexpected increase in oil prices
• B)A seasonally expected increase in oil prices
• C)An unexpected reduction in consumer confidence
• D)An anticipated tax cut

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold, showing the basic profitability of a company’s core operations.

Stockholders' Equity

The value of a company's assets minus its liabilities, representing the ownership interest of the shareholders.

Property, Plant, and Equipment

Property, Plant, and Equipment (PP&E) are tangible, long-term assets used in the operation of a business, not intended for resale.