A Decrease in Government Expenditure Shifts the Aggregate

question 42

Multiple Choice

A decrease in government expenditure shifts the aggregate:

• A) Supply curve to the left.
• B) Supply curve to the right.
• C) Demand curve to the left.
• D) Demand curve to the right.

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Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, politics or being influenced by peer pressure.

Milgram's Studies

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Obedience

The act of following orders or instructions, often from an authority figure, without questioning.

Ethical Controls

Measures or guidelines put in place to ensure behavior and practices conform to ethical standards and principles.