A decrease in the expected future income of the United States would likely:
A)shift its AD curve to the left.
B)shift its AD curve to the right.
C)make its AD curve flatter.
D)make its AD curve steeper.

Question

Quizplus · Accepted Answer

A decrease in expected future income would likely reduce consumer spending and investment, leading to a decrease in aggregate demand. This is represented by a leftward shift of the AD curve.

A Decrease in the Expected Future Income of the United