Which One of the Following Would Not Shift the Aggregate

question 74

Multiple Choice

Which one of the following would not shift the aggregate demand curve?

• A) A change in the price level.
• B) Depreciation of the international value of the dollar.
• C) A decline in the interest rate at each possible price level.
• D) An increase in personal income tax rates.

Distinguish between effective and ineffective use of sentences including the avoidance of cluttering phrases, maintaining sentence variety, and subordinating ideas appropriately.

Identify and eliminate redundant words in writing.

Choose sentences that avoid cluttering phrases for clearer communication.

Enhance the readability of a message through sentence structure.

---

Definitions:

Tax-exempt

Income or transactions that are legally excluded from taxation.

Economic Benefit

The advantage or gain received from a financial transaction or situation, which may have tax implications or influence fiscal decisions.

Nontaxable Return of Capital

A payment received from an investment that is not taxed because it is considered a portion of the original investment's cost being returned to the investor.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.