German Automobile Exports Were Hurt in 2008 as a Result

question 259

Multiple Choice

German automobile exports were hurt in 2008 as a result of the recession.How would this decrease in exports have affected Germany's aggregate demand curve?

• A)The aggregate demand curve would have shifted to the right.
• B)The aggregate demand curve would not have shifted,but there would have been a movement up the aggregate demand curve.
• C)The aggregate demand curve would not have shifted,but there would have been a movement down the aggregate demand curve.
• D)The aggregate demand curve would have shifted to the left.

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Definitions:

Average Collection Period

The average number of days it takes for a company to collect receivables from its customers, indicating the efficiency of its credit policies.

Discount Period

The time frame in which a buyer can pay less than the full amount due on an invoice if payment is made promptly, incentivizing early payment.

Credit Term

The agreement between a buyer and a seller that defines the amount of time a buyer has to pay for goods.

Earnings per Share

A financial metric calculated by dividing a company's net income by the number of its outstanding shares of common stock.