Which of the Following Will Cause Consumption And, as a Result

question 7

Multiple Choice

Which of the following will cause consumption and, as a result, aggregate demand to decrease?

• A)A tax cut
• B)A decrease in consumer confidence
• C)An increase in population
• D)An optimistic forecast of future income growth
• E)A decrease in consumer debt

---

Definitions:

Standard Deviation

a statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the numbers are.

Gas Stations

Retail establishments that sell fuel and often other services or goods for motor vehicles.

Significance Level

the probability of rejecting the null hypothesis when it is true, used as a criterion for deciding the outcome of a statistical test.

Car Engine

A machine designed to convert various forms of energy into mechanical force and motion, powering automobiles.