Which of the Following Would Cause a Leftward Shift of the Aggregate

question 93

Multiple Choice

Which of the following would cause a leftward shift of the aggregate demand curve?

• A)an increase in planned investment
• B)a drop in the price level
• C)a rise in the price level
• D)an increase in autonomous consumption
• E)anything that causes an upward shift in the saving function

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Definitions:

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals or businesses.

Present Value

The modern equivalent value of a future monetary sum or cash flow sequence, with an established return rate.

Interest Rate

The percentage charged on a loan or paid on deposited funds, representing the cost of borrowing or the gain on savings.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth.