An Increase in Aggregate Expenditures Resulting from Some Factor Other

question 132

Multiple Choice

An increase in aggregate expenditures resulting from some factor other than a change in the price level is equivalent to

• A)a rightward shift of the aggregate demand curve in the AD-AS model.
• B)a leftward shift of the aggregate demand curve in the AD-AS model.
• C)a movement downward along a fixed aggregate demand curve in the AD-AS model.
• D)a decrease in aggregate supply in the AD-AS model.

---

Definitions:

Nobel Prize

Prestigious international awards given annually in several categories including physics, chemistry, medicine, literature, peace, and economic sciences, to those who confer the greatest benefit to humanity.

John C. Eccles

A neurophysiologist who won the Nobel Prize in Physiology or Medicine for his work on the synapse and neurotransmitters.

Squid Axons

Squid axons are large nerve fibers used in research to understand the fundamental properties of nerve impulse conduction.

EPSPs

Excitatory Post-Synaptic Potentials, which are changes in cell membrane potential that make a neuron more likely to produce an action potential.