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
Correct Answer:
Verified
Q145: (Figure: Understanding Aggregate Graphs) Q146: An increase in investment will cause the Q147: Which event would reduce short-run aggregate supply Q148: (Figure: Determining SRAS Shifts 2) Q149: Suppose a booming stock market encourages consumption Q151: Policymakers can increase output by enacting policies Q152: The determinants of aggregate demand include the Q153: A decrease in foreign income will cause Q154: Assume that Macroland starts in long-run equilibrium Q155: What would cause the price level to![]()

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