The Effect of a Shift in the Aggregate Demand Curve

question 102

Multiple Choice

The effect of a shift in the aggregate demand curve due to an increase in consumer confidence will be:

• A) an increase in both prices and output in the short run.
• B) a decrease in prices only in the long run; output will remain the same.
• C) a decrease in both prices and output in the short run.
• D) an increase in output only in the long run; prices will remain the same.

Recognize the importance of measuring outcomes and ROI in social media marketing.

Identify the elements of a target audience's social media profile.

Grasp the conceptualization of brand experience.

Distinguish between typical and atypical social media marketing objectives.

---

Definitions:

Certiorari

A writ issued by a high court to a lower court or tribunal, requesting the lower entity to send all documents in a case it has tried for review.

Declaratory Judgment

A declaration by the court as to what the law is in any matter brought before it.

Executive Branch

The part of the government composed of the Queen acting through the prime minister, cabinet, deputy ministers, and government departments and officials; also known as the Crown.

Legislative Branch

The part of government empowered with enacting laws; Parliament and legislatures.