A Cut in Government Spending,a Decrease in Income Abroad,an Increase

Multiple Choice

A cut in government spending,a decrease in income abroad,an increase in taxes,or an expectation that future consumer income will fall will all cause aggregate:

A) demand to shift outward.
B) demand to shift inward.
C) supply to shift outward.
D) supply to shift inward.
E) supply and aggregate demand to both shift equally inward.