A decrease in consumption caused by a factor other than a change in the price level
A) shifts the AD curve to the right.
B) shifts the AD curve to the left.
C) causes an upward movement along the existing AD curve.
D) causes a downward movement along the existing AD curve.
E) none of the above.
B
Economics
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Based on the information in the above table, what is the unemployment rate? What is the labor force participation rate?
What will be an ideal response?
Economics
According to the quantity theory of money, an excess quantity of money supplied will lead to
A) a reduction in spending and higher interest rates. B) a reduced level of real Gross Domestic Product (GDP). C) a higher level of employment. D) a higher price level.
Economics