An Increase in Disposable Income Would Tend to Shift the Aggregate

question 4

True/False

An increase in disposable income would tend to shift the aggregate demand curve to the left.

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Definitions:

Convergent Thinking

A cognitive process where a person seeks a single, correct solution to a problem.

Creative

The ability or quality of generating original ideas, or making connections between seemingly unrelated phenomena.

Triarchic Theory

A theory of intelligence proposed by Robert Sternberg that suggests intelligence can be divided into three aspects: analytical, creative, and practical.

Robert Sternberg

An American psychologist known for his theory on intelligence and creativity, including the triarchic theory of intelligence.