The Recession of 2007-2009 Made Many Consumers Pessimistic About Their

question 150

Multiple Choice

The recession of 2007-2009 made many consumers pessimistic about their future incomes.How does this increased pessimism affect the aggregate demand curve?

• A)This will move the economy up along a stationary aggregate demand curve.
• B)This will move the economy down along a stationary aggregate demand curve.
• C)This will shift the aggregate demand curve to the left.
• D)This will shift the aggregate demand curve to the right.

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Definitions:

FMS

Fibromyalgia Syndrome, a chronic disorder characterized by widespread musculoskeletal pain, fatigue, and tenderness in localized areas.

Flexes

The action of bending a limb or muscle.

Rotates

The action of moving or turning around a central axis or point.

Muscular Development

The growth and increase in size of muscle cells, typically through exercise and dietary management.