Which Decreases Aggregate Demand

question 174

Multiple Choice

Which decreases aggregate demand?

• A) lower interest rates.
• B) lower value of Canadian dollar.
• C) higher income taxes.
• D) rising price level.
• E) rising input prices.

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Definitions:

Entrepreneurs

Individuals who take on the risk of starting and managing a business, often bringing innovation and new products or services to the market.

Economical

Pertains to the efficient use or management of resources to avoid waste and reduce expenses.

Alternative Energy

Sources of energy that are considered environmentally friendly and sustainable, alternative to conventional fossil fuels, such as solar, wind, and hydroelectric power.

Elasticity of Demand

Investigating the degree to which demand for a good is affected by its price dynamics.