A change in any of the following factors EXCEPT _{--------------------} shifts the aggregate demand curve. A)foreign income B)monetary and fiscal policy C)the foreign exchange rate D)the money wage rate E)expectations about the future

Question

Quizplus · Accepted Answer

The money wage rate affects the short-run aggregate supply, not the aggregate demand. Changes in foreign income, monetary and fiscal policy, the foreign exchange rate, and expectations about the future can shift the aggregate demand curve.

A Change in Any of the Following Factors EXCEPT