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    Principles of Macroeconomics Study Set 18
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    Exam 13: Aggregate Demand, Aggregate Supply, and Business Cycles
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    For a Given Inflation Rate, If a Stock Market Crash
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For a Given Inflation Rate, If a Stock Market Crash

Question 57

Question 57

Multiple Choice

For a given inflation rate, if a stock market crash makes consumers less willing to spend, then the ______ shifts _____.


A) aggregate demand curve; right
B) aggregate demand curve; left
C) aggregate supply curve; left
D) aggregate supply curve; right

Correct Answer:

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