If There Is an Aggregate Demand Shock

question 93

Multiple Choice

If there is an aggregate demand shock:

• A) the IS curve shifts to the right.
• B) the IS curve shifts to the left.
• C) there is rightward movement along the IS curve.
• D) there is leftward movement along the IS curve.
• E) Not enough information is given.

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Definitions:

Ordinal Data

A type of categorical statistical data type that involves order or ranking of the values but not the exact difference between them.

Weight

A measure of the gravitational force exerted on an object, typically measured in pounds or kilograms.

Gender

A social construct used to classify a person as a man, woman, or other identity, based on societal roles, behaviors, and characteristics.

Number of Siblings

The count of brothers and sisters an individual has.