Aggregate Demand Increases If

question 138

Multiple Choice

Aggregate demand increases if

• A) the price level falls.
• B) GDP in R.O.W. increases.
• C) the value of the Canadian dollar rises.
• D) the price level rises.
• E) interest rates rise.

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Definitions:

Child

A young human being below the age of puberty or below the legal age of majority.

Painter

An artist who creates visual works primarily using paint as a medium on surfaces such as canvas, wood, walls, or paper.

Production Incentives

Rewards or benefits given to employees to motivate them to increase their output or efficiency in the production process.

Piecework

A payment method by which employees are paid a fixed rate for each unit produced or action performed, regardless of time.