Which of the Following Events Shifts the Aggregate-Demand Curve Leftward

question 37

Multiple Choice

Which of the following events shifts the aggregate-demand curve leftward?

• A)​A decrease in government expenditures,but not a change in the price level.
• B)​An increase in government expenditures or a decrease in the price level.
• C)​A decrease in government expenditures or an increase in the price level.
• D)​An increase in the price level,but not a decrease in government expenditures.

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

External Auditor

An independent party that reviews an organization's financial statements to ensure accuracy and compliance with accounting standards.

Net Income

The total earnings of a company after deducting all expenses, taxes, and losses from total revenue.

Balance Sheet

This details a business's financial condition by listing its assets, debts, and the equity of its shareholders on a specific date.