Which of the following will cause consumption to increase and aggregate demand to shift to the left?
A)an optimistic business forecast of future income growth
B)increased consumer wealth
C)an increase in consumer confidence
D)none of the above

Question

Which of the following will cause consumption to increase and aggregate demand to shift to the left?
A)​an optimistic business forecast of future income growth
B)​increased consumer wealth
C)​an increase in consumer confidence
D)​none of the above

Quizplus · Accepted Answer

None of the options listed will cause consumption to increase and aggregate demand to shift to the left. Options A, B, and C would all cause aggregate demand to shift to the right, as they would increase consumer spending and overall demand in the economy.

Which of the Following Will Cause Consumption to Increase and Aggregate