Multiple Choice
Suppose that the stock market crashes, which causes a large decrease in the value of many households' financial assets. The most likely outcome is a _____ the aggregate demand curve.
A) rightward shift of
B) leftward shift of
C) movement up
D) movement down
Correct Answer:

Verified
Correct Answer:
Verified
Q1: In the long run, changes in the
Q2: An inflationary gap will be eliminated because
Q3: A rise in labor productivity will MOST
Q4: The aggregate demand curve is negatively sloped
Q6: Use the following to answer questions:<br>Figure: Policy
Q7: Use the following to answer questions:<br>Figure: The
Q8: Demand shocks do NOT include a(n):<br>A) reduction
Q9: Suppose that the U.S. government doubles its
Q10: The interest rate effect leads to a
Q11: The aggregate demand curve is negatively sloped