Which of the following factors will cause the aggregate demand curve to shift to the left?
A) a rise in consumer confidence
B) a fall in excess capacity at businesses
C) an increase in foreign income
D) the appreciation of the dollar
Correct Answer:
Verified
Q8: High family debt
A) reduces the tendency to
Q16: Consumption would decrease, and the aggregate demand
Q65: (Figure: Aggregate Demand Shift) Q71: Which of the following factors is NOT Q73: If the pound sterling appreciates against the Q74: _ in wealth and _ in government Q74: Suppose the government raises income taxes, so Q201: Consumer spending is NOT affected by Q246: _ taxes and _ interest rates in Q277: If both consumers and businesses are pessimistic
A) wealth.
B)
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