Suppose Businesses in General Believe That the Economy Is Likely

question 127

Multiple Choice

Suppose businesses in general believe that the economy is likely to head into recession and so they reduce capital purchases.Their reaction would initially shift

• A)aggregate demand right.
• B)aggregate demand left.
• C)aggregate supply right.
• D)aggregate supply left.

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Definitions:

Lower Back

The area of the back extending from the bottom of the rib cage to the top of the pelvic region, often a common site for pain or discomfort.

Anatomical Terms

Standardized terminology used to describe locations and relationships between structures of the living body.

Digits

The fingers and toes of humans and other tetrapods, which are used for manipulation and sensing.

Tarsals

A group of seven bones in the foot that form the ankle and proximal part of the instep.