Which of the Following Would Most Likely Shift the Aggregate

question 97

Multiple Choice

Which of the following would most likely shift the aggregate demand curve to the right?

• A) An increase in stock prices that increases consumer wealth.
• B) Increased fear that a recession will cause workers to lose their jobs.
• C) An increase in personal income tax rates.
• D) A reduction in household borrowing because of tighter lending practices.

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Definitions:

Job Evaluation Points

A numerical value assigned to various aspects of a job, such as skills, effort, and responsibility, to determine its relative worth.

Point Method

A job evaluation method that quantifies job elements to assign points, which are used to determine an appropriate compensation level.

Compensable Factors

Criteria used by organizations to evaluate the relative worth of different jobs, which then guides the determination of appropriate compensation levels.

Factor Degrees

The variation or levels within compensable factors used to evaluate and differentiate between job roles or responsibilities.