Which of the following statements is correct?
A) An increase in the money wage rate shifts the aggregate demand curve leftward.
B) An increase in the price level shifts the aggregate demand curve leftward.
C) An increase in the price level shifts the aggregate demand curve rightward.
D) An increase in the quantity of the money shifts the aggregate demand curve rightward.
E) An increase in the real interest rate shifts the aggregate demand curve rightward.
D
Economics
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Refer to Figure 4.7. An equilibrium occurs when how many students ask for points?
A) 0 B) between 5 and 6 C) 12 D) all of the above
Economics
Refer to the scenario above. Which of the following problems arises in this scenario?
A) Low transaction costs B) The free-rider problem C) Moral hazard D) A negative externality
Economics