Figure 16-7. -Refer to Figure 16-7. the Aggregate-Demand Curve Could Shift from Curve

question 122

Multiple Choice

Figure 16-7.

-Refer to Figure 16-7. The aggregate-demand curve could shift from AD₁ to AD₂ as a result of

• A) an increase in government purchases.
• B) a decrease in stock prices.
• C) consumers and firms becoming more optimistic about the future.
• D) an increase in the price level.

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Definitions:

Androgen

A type of hormone that plays a key role in the development of male traits and reproductive activity.

Testosterone

A steroid hormone primarily produced in males by the testes and, in small amounts, in females by the ovaries, playing key roles in health and sexual development.

Immigration

The action of coming to live permanently in a foreign country, often resulting in demographic, economic, and cultural changes within the host society.

Migration

The movement of people from one place to another, which could be within or across national borders, often for reasons such as seeking better economic opportunities or escaping conflict.