-Refer to Figure 14-9

question 12

Multiple Choice

-Refer to Figure 14-9.If the aggregate expenditure line shifts from AE₁(r = 8%) to AE₂(r = 10%) ,which of the following is the most likely cause of that shift?

• A) An increase in the money supply
• B) A decrease in the money supply
• C) An increase in government purchases
• D) A decrease in government purchases
• E) An increase in taxes

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture in pursuit of profit and innovation.

Technopreneur

An entrepreneur who focuses on innovation in technology, leveraging technological advancements to develop new products or services.

Visionary Technologist

A professional who foresees significant technological changes and innovations, guiding their organization or sector towards future advancements.

Social Entrepreneur

Runs a social enterprise, a business with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners.