Which of the following does NOT shift the aggregate demand curve?
A) an increase in current foreign income
B) a decrease in the quantity of money
C) an increase in the price level
D) an increase in peopleʹs expected future incomes

Question

Quizplus · Accepted Answer

An increase in the price level would result in a movement along the aggregate demand curve, not a shift. A shift in the aggregate demand curve would be caused by factors such as changes in government spending, changes in consumer confidence, changes in taxes, changes in foreign income, and changes in expected future incomes.

Which of the Following Does NOT Shift the Aggregate Demand