AD Will Shift to the Right, Other Things Being Equal

question 61

Multiple Choice

AD will shift to the right, other things being equal, when:

• A)the government budget deficit increases because government purchases rose.
• B)the government budget deficit increases because taxes rose.
• C)the government budget deficit increases because transfer payments fell.
• D)under any of the above circumstances.

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Definitions:

Personality Traits

Enduring characteristics or qualities that define an individual's patterns of thought, emotion, and behavior.

Situational Constraints

External factors or circumstances that limit actions, behaviors, or opportunities within a given environment.

Cognitive Dissonance

The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas simultaneously.

Attitudes

A learned tendency to evaluate things in a certain way, which can include evaluations of people, issues, objects, or events.