An Expected Increase in the Prices of Consumer Goods in the near Future

question 109

Multiple Choice

An expected increase in the prices of consumer goods in the near future will:

• A) Decrease (or shift left) in aggregate demand now
• B) Increase (or shift right) in aggregate demand now
• C) Decrease in the quantity of real output demanded (or movement up along AD)
• D) Increase in the quantity of real output demanded (or movement down along AD)

---

Definitions:

Automatic Stay

A legal provision that halts all lawsuits, foreclosures, and collection activities against a debtor the moment a bankruptcy petition is filed.

Creditor

An individual or institution that lends money or extends credit to another party, known as the debtor.

Lien

A legal right or interest that a lender holds in the debtor's property, serving as security for the repayment of a debt.

Chapter 11

A provision of the United States Bankruptcy Code that allows businesses to reorganize and restructure debt under court supervision while continuing operations.