Which of These Is the Most Likely Impact of an Increase

question 119

Multiple Choice

Which of these is the most likely impact of an increase in the wealth of consumers?

• A)The aggregate supply curve shifts outward.
• B)The aggregate demand curve shifts outward.
• C)The aggregate demand curve shifts inward.
• D)The aggregate supply curve shifts inward.
• E)Both the aggregate demand and aggregate supply curves shift inward.