If Consumers' Confidence in the Economy Rises

question 81

Multiple Choice

If consumers' confidence in the economy rises

• A) aggregate demand will shift leftward and the price level will rise.
• B) aggregate demand will shift leftward and the price level will fall.
• C) aggregate demand will shift rightward and the price level will rise.
• D) aggregate demand will shift rightward and the price level will fall.

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Definitions:

Lower-Income

Referring to individuals or families that earn less revenue than the average in their society, often qualifying for certain types of government assistance.

O'Keeffe

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New York, Night

A phrase evoking the vibrant nightlife and illuminated cityscape of New York City during the nighttime.

Imposing Mass

A structure or object that is large and impressive in appearance or size.