An Increase in the Price Level Makes Consumers Feel Less

question 62

Multiple Choice

An increase in the price level makes consumers feel less wealthy.How is this situation represented?

• A) Aggregate demand shifts right.
• B) Aggregate demand shifts left.
• C) There is a movement to right along a given aggregate-demand curve.
• D) There is a movement to the left along a given aggregate-demand curve.

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Definitions:

Stress

A physical, mental, or emotional factor that causes bodily or mental tension, often due to adverse or demanding circumstances.

Sources Of Conflict

The underlying reasons or causes that lead to disagreements or disputes between individuals or groups, often rooted in differences in values, beliefs, or interests.

Snacks

Small portions of food eaten between main meals.

Self-Confident

Describes a person’s belief in their own abilities and competence.