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-Refer to Figure 9.4. the Diagram Shows That

Question 95

Multiple Choice

-Refer to Figure 9.4. The diagram shows that: A) a rise in interest rates would lower autonomous aggregate expenditure, which would result in a rightward shift in the AD curve. B) a rise in interest rates would lower autonomous aggregate expenditure, but that would not affect AD curve. C) a rise in interest rates would lower autonomous aggregate expenditure, which would result in a leftward shift in the AD curve. D) a rise in interest rates would not affect autonomous aggregate expenditure or aggregate demand.
-Refer to Figure 9.4. The diagram shows that:


A) a rise in interest rates would lower autonomous aggregate expenditure, which would result in a rightward shift in the AD curve.
B) a rise in interest rates would lower autonomous aggregate expenditure, but that would not affect AD curve.
C) a rise in interest rates would lower autonomous aggregate expenditure, which would result in a leftward shift in the AD curve.
D) a rise in interest rates would not affect autonomous aggregate expenditure or aggregate demand.

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