Multiple Choice
A News Wire article in the text is titled "Consumer Index Sinks to an All-Time Low." Which of the following is most likely to happen as a result of decreased consumer spending?
A) A leftward shift of aggregate supply.
B) A rightward shift of aggregate supply.
C) A leftward shift of aggregate demand.
D) A rightward shift of aggregate demand.
Correct Answer:
Verified
Correct Answer:
Verified
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