Falling Oil Prices Made Consumers in Alberta Very Pessimistic About

Multiple Choice

Falling oil prices made consumers in Alberta very pessimistic about their future incomes.How will this increased pessimism affect the aggregate demand curve?

A) It will move the economy up along a stationary aggregate demand curve.
B) It will move the economy down along a stationary aggregate demand curve.
C) It will shift the aggregate demand curve to the left.
D) It will shift the aggregate demand curve to the right.
E) It will shift aggregate supply to the left.