Multiple Choice
Which of the following decreases aggregate demand and shifts the AD curve leftward?
A) a tax cut
B) an interest rate hike
C) an increase in quantity of money
D) an increase in government expenditures on goods and services
E) a decrease in potential GDP
Correct Answer:

Verified
Correct Answer:
Verified
Q114: If the money wage rate is constant
Q115: An increase in the price level leads
Q116: Which of the following shifts the aggregate
Q117: Which of the following shifts the aggregate
Q118: An increase in the money wage rate
Q120: If people's expectations about future income improve
Q121: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -In the figure
Q122: If the price level rises but the
Q123: The the government increases the level of
Q124: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" The figure above