Which of the Following Will Shift the AD Curve to the Right

question 80

Multiple Choice

Which of the following will shift the AD curve to the right?

• A) an increase in wealth
• B) pessimism about the economy
• C) a supply shock
• D) a decrease in productivity

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Definitions:

Cost-effectiveness

A measure that compares the relative costs and outcomes of different courses of action or decisions.

Reliance on Technology

The dependence of individuals, organizations, or societies on technology for operations, communication, and efficiency.

Cost-benefit Analysis

Cost-benefit analysis is a process used to evaluate the total anticipated cost of a project compared to the benefits in order to determine the best course of action.

Outsourcing

The practice of hiring third parties to perform services or produce goods that were traditionally performed or produced in-house.