When the U

question 93

Multiple Choice

When the U.S. price level increases, we would expect a:

• A) movement downward along the aggregate demand curve.
• B) movement up along the aggregate demand curve.
• C) shift to the right of the aggregate demand curve.
• D) shift to the left of the aggregate demand curve.

---

Definitions:

Lessors

Parties that lease or rent out assets to lessees in exchange for periodic payments.

Leased Assets

Assets that are used by an entity under the terms of a lease agreement, which entails periodic payments for a specified time.

Operating Leases

Lease agreements for a shorter period than the asset's useful life, where the lessee does not assume the risks and rewards of ownership.

Capital Leases

Leases that are recognized as asset purchases for accounting purposes, where the lessee gains ownership rights of the leased asset at the end of the lease term.