Increased consumer confidence will shift the aggregate demand curve to the _____ and _____ output demanded.
A) left; decrease
B) left; increase
C) right; increase
D) right; decrease

Question

Quizplus · Accepted Answer

When consumer confidence increases, people are more likely to spend money, which increases aggregate demand. This shifts the aggregate demand curve to the right and increases output demanded.

Increased Consumer Confidence Will Shift the Aggregate Demand Curve to the _____