An Increase in Government Spending Initially and Primarily Shifts

question 52

Multiple Choice

An increase in government spending initially and primarily shifts

• A)aggregate demand to the right.
• B)aggregate demand to the left.
• C)aggregate supply to the right.
• D)neither aggregate demand nor aggregate supply in either direction.

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Definitions:

Marketing Concept

A business philosophy focusing on identifying and meeting the needs and wants of customers through the development, promotion, and sale of products or services.

Customer Orientation

A business strategy that focuses on creating a positive experience for customers by understanding and meeting their needs.

Ownership Utility

The value that comes from a product's ability to satisfy ownership rights, including the use, control, and transfer of the product.

Time Utility

The increase in the value of a product or service by making it available at a convenient time for the consumer.