Solved

People Expect Their Incomes Will Decrease Next Year

Question 361

Multiple Choice

People expect their incomes will decrease next year. As a result, the ________ will shift ________.


A) short-run aggregate supply curve; rightward
B) aggregate demand curve; rightward
C) aggregate demand curve; leftward
D) long-run aggregate supply curve; rightward

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions