Ceteris Paribus, Which of the Following Would Cause the Aggregate

question 66

Multiple Choice

Ceteris paribus, which of the following would cause the aggregate demand curve to shift to the left?

• A)A decrease in personal taxes
• B)A rise in consumer confidence
• C)An increase in stock market wealth
• D)A decrease in transfer payments
• E)A cut in corporate taxes

---

Definitions:

Factory Overhead Cost

Expenses related to producing goods that are not directly traceable to products, including utilities and manager salaries at a production facility.

Factory Burden

Another term for manufacturing overhead or factory overhead.

Materials Inventory

The cost of materials that have not yet entered into the manufacturing process.

Manufacturing Process

The sequence of operations that transforms raw materials into finished goods, involving tasks such as machining, assembly, and quality control.