Which of the Following Both Shift Aggregate Demand Left

question 18

Multiple Choice

Which of the following both shift aggregate demand left?

• A)a decrease in taxes and at a given price level consumers feel more wealthy
• B)a decrease in taxes and at a given price level consumers feel less wealthy
• C)an increase in taxes and at a given price level consumers feel more wealthy
• D)an increase in taxes and at a given price level consumers feel less wealthy

Understand how federal monetary policies affect economic growth, interest rates, and the availability of credit.

Recognize the types and purposes of bonds issued by local governments and other entities.

Describe the flow of funds in the financial system and the roles of households and businesses as savers or borrowers.

Explain the importance of detailed record-keeping in financial transactions and the concept of audit trails.

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Definitions:

Judgment Sampling

A nonprobability method of sampling whereby elements are selected for the sample based on the judgment of the person doing the study.

Cluster Sampling

A probability sampling method in which the population is first divided into clusters and then a simple random sample of the clusters is taken.

Simple Random Sampling

A sampling method where each member of the population has an equal chance of being selected, ensuring unbiased representation.

Stratified Simple Random Sampling

A sampling method that divides a population into smaller groups or strata and then selects random samples from each stratum.