A weakening in consumer confidence causes a
A. movement down along the aggregate demand curve.
B. movement up along the aggregate demand curve.
C. shift of the aggregate demand curve to the left.
D. shift of the aggregate demand curve to the right.
Answer: C
You might also like to view...
A reserve currency is a currency that is:
a. used exclusively to settle domestic debts. b. specifically designed for use by commercial banks to settle accounts. c. held only by bureaucrats. d. used to settle international debts by private corporations. e. held by governments to facilitate foreign exchange market interventions.
Which of the following is an example of a nondurable good?
a. ice cream b. silverware c. motorcycle d. chair
Managerial economics:
A. has little to say about day-to-day decisions. B. is the study of how to get rich in the stock market. C. is not relevant for managers of not-for-profit groups. D. is valuable to the coordinator of a shelter for the homeless.
In an open-market purchase the Federal Reserve ________ government bonds from the public and the supply of bank reserves ________.
A. buys; increases B. sells; increases C. sells; decreases D. buys; decreases