During the Dot-Com Bubble, Consumers Believed That the Internet Would

Multiple Choice

During the dot-com bubble, consumers believed that the Internet would radically change the shopping experience and lead to higher incomes throughout the economy. How would the dot-com bubble be best represented in the AD/AS model?

A) The aggregate demand curve shifts right.
B) The aggregate demand curve shifts left.
C) Prices increase along the aggregate demand curve.
D) Prices decrease along the aggregate demand curve.