If Consumer Confidence Rises,then Aggregate Demand Shifts

question 19

Multiple Choice

If consumer confidence rises,then aggregate demand shifts

• A)right,making inflation higher than otherwise.
• B)right,making inflation lower than otherwise.
• C)left,making inflation higher than otherwise.
• D)left,making inflation lower than otherwise.

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Definitions:

Priming

Activation of accessible categories or schemas in memory that influence how we process new information.

Observational Learning

A learning process through which behaviors are acquired by watching and imitating the actions of others.

Semantically Related Thoughts

Ideas or concepts that are connected or associated with each other through their meanings.

Institutionalised Aggression

Aggression that is given formal or informal recognition and social legitimacy by being incorporated into rules and norms.