Multiple Choice
A decrease in consumer confidence will cause:
A) a downward movement along the aggregate demand curve.
B) a shift in aggregate demand to the right.
C) a shift in aggregate demand to the left.
D) an upward movement along the aggregate demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: The wealth effect says that if there
Q28: The introduction of the power loom during
Q52: The equilibrium of aggregate supply and aggregate
Q55: The long-run aggregate supply curve represents the
Q59: The downward sloping aggregated demand curve can
Q60: If a hurricane were to wipe out
Q62: The aggregate supply curve shows the relationship
Q95: A situation in which output decreases while
Q100: Temporary supply shocks:<br>A) are significant events that
Q170: As the U.S. price level increases, expenditures