Which of the Following Factors Will Cause the Aggregate Demand

question 125

Multiple Choice

Which of the following factors will cause the aggregate demand curve to shift to the left?

• A) rise in consumer confidence
• B) fall in excess capacity at businesses
• C) increase in foreign income
• D) appreciation of the dollar

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Definitions:

One-way ANOVA

A statistical test used to determine if there are statistically significant differences between the means of three or more independent groups based on one variable.

F-ratio

The F-ratio is a statistic used to compare variances across groups, often in ANOVA, to test if the means of several groups are equal.

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis, assuming the null hypothesis is true.

Critical Value

A threshold in hypothesis testing that defines the boundary or cutoff for deciding whether to reject the null hypothesis.