Which of the Following Will Cause Consumption, and as a Result

question 32

Multiple Choice

Which of the following will cause consumption, and as a result, aggregate demand, to shift to the right?

• A)an optimistic business forecast of future income growth
• B)increased consumer wealth
• C)an increase in consumer confidence
• D)a tax cut
• E)All of the above.

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Definitions:

Clayton Act

A U.S. antitrust law, enacted in 1914, that prohibits certain actions leading to anti-competitiveness, such as price discrimination, exclusive deals, and mergers that significantly lessen competition.

FTC Act

The Federal Trade Commission Act is a piece of legislation, established in 1914, aimed at preventing unfair or deceptive business practices and promoting competition.

Antitrust Laws

Legislation aimed at preventing monopolies and promoting competition by regulating business practices that might restrict trade or competition.

Monetary Award

A monetary award is a financial sum given to a party, often as compensation for a legal claim or recognition of achievements.