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

Question

Quizplus · Accepted Answer

The money wage rate affects the cost of production and, therefore, the prices of goods and services, which ultimately affects consumer spending and shifts aggregate demand. Expectations about the future, monetary and fiscal policy, foreign income, and the foreign exchange rate can all directly or indirectly influence consumer and business spending, affecting aggregate demand.

A Change in Any of the Following Factors EXCEPT ________