The Aggregate Demand Curve Shifts to the Left When There

question 69

Multiple Choice

The aggregate demand curve shifts to the left when there is ________.

• A)autonomous tightening of monetary policy
• B)an increase in the nominal interest rate
• C)an increase in inflation
• D)all of the above
• E)none of the above

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Definitions:

Thurstone

Refers to Louis Leon Thurstone, an influential American psychologist known for his contributions to psychometrics and the theory of intelligence.

Wechsler

Refers to David Wechsler, a psychologist who developed several widely used intelligence scales, including the Wechsler Adult Intelligence Scale (WAIS).

Spearman

was a British psychologist known for his work in statistics and intelligence, notably proposing the theory of general intelligence, or the "g factor."

Linguistic Relativity Hypothesis

The hypothesis that proposes the framework of a language influences the perception or cognitive processes of its speakers.