Suppose the U

question 88

Multiple Choice

Suppose the U.S. was to experience a series of terrorists' attacks aimed at keeping consumers away from large shopping areas. Suppose further that the primary effect is for consumer confidence to decrease, this would likely

• A)increase aggregate demand.
• B)increase aggregate supply.
• C)decrease aggregate demand.
• D)decrease aggregate supply.

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Definitions:

Cognitive Development

The process by which individuals acquire, understand, and utilize knowledge through thought, experience, and the senses.

Transitivity

In mathematics and logic, the property of a relation where if it applies between successive pairs like a is to b and b is to c, it also applies directly between a and c.

Cognitive Development

The process by which a person's ability to think, understand, and learn grows and evolves throughout life.

Working Memory

The structure of memory that can hold a sensory stimulus for up to 30 seconds after the trace decays.