An Increase in the Inflation Target Would Shift the AD

question 13

True/False

An increase in the inflation target would shift the AD to the left.

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Definitions:

Weekly

Once per week.

Biweekly Gross Pay

The total amount of earnings paid every two weeks before any deductions are applied.

Annual Salary

The total earnings of an individual from their job before taxes and other deductions, calculated on a yearly basis.

Merchandise

Goods that are bought and sold in business.