One reason for the projected increase, over the next several decades, in government spending as a percentage of GDP is the projected increase in the size of the elderly population

The money demand curve has a negative slope because

A) lower interest rates cause households and firms to switch from financial assets to money. B) lower interest rates cause households and firms to switch from money to financial assets. C) lower interest rates cause households and firms to switch from money to bonds. D) lower interest rates cause households and firms to switch from money to stocks.

Which of the following would shift the aggregate demand curve to the left?

A. An increase in exports. B. An increase in investment. C. An increase in government spending. D. A decrease in government spending.