Multiple Choice
Suppose a stock market boom makes people feel wealthier.The increase in wealth would cause people to desire
A) increased consumption,which shifts the aggregate-demand curve right.
B) increased consumption,which shifts the aggregate-demand curve left.
C) decreased consumption,which shifts the aggregate-demand curve right.
D) decreased consumption,which shifts the aggregate-demand curve left.
Correct Answer:
Verified
Correct Answer:
Verified
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