Which of the Following Is NOT True About the Aggregate

question 155

Multiple Choice

Which of the following is NOT true about the aggregate demand curve?

• A) The production possibilities curve determines the slope of the aggregate demand curve.
• B) The aggregate demand curve shows total planned real expenditures at different price levels.
• C) Changes in the economic conditions in other countries will lead to a shift of the aggregate demand curve.
• D) The aggregate demand curve considers the entire circular flow of income.

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Definitions:

Tetany

Intermittent tonic spasms resulting from inadequate parathyroid hormone.

Magnesium

A chemical element (Mg) that is a vital mineral for the human body, involved in over 300 biochemical reactions.

Phosphorus

A chemical element with the symbol P and atomic number 15, essential for life, used in fertilizers, and present in bones, DNA, and ATP.

Parathormone

A hormone produced by the parathyroid glands that helps regulate calcium levels in the blood.