In the Aggregate Demand-Aggregate Supply Model, Everything Else Remaining Unchanged

question 1

Multiple Choice

In the aggregate demand-aggregate supply model, everything else remaining unchanged, an increase in money supply shifts the____ curve to the _____.

• A)aggregate demand; right
• B)aggregate demand; left
• C)aggregate supply; right
• D)aggregate supply; left

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Definitions:

Eminent Domain

The right of a government to expropriate private property for public use, with compensation.

Zoning Rights

Legal regulations that determine how land within certain areas can be used, affecting building and development.

Community Property

A legal concept used in some states that dictates that property acquired by either spouse during the marriage is owned equally by both spouses.

Easement

A right granted to use another person's property for a specific purpose, such as right of way.