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Vizio Television
on Dec 17, 2024

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Which of the following events shifts aggregate demand rightward?

A) An increase in government expenditures or a decrease in the price level
B) A decrease in government expenditures or an increase in the price level
C) An increase in government expenditures, but not a change in the price level
D) A decrease in the price level, but not a change in government expenditures

Aggregate Demand

Total economic need for all goods and services within an economy, pegged at a designated price level during a chosen period.

Government Expenditures

The total amount of money spent by the government in a fiscal period, including spending on goods, services, and public projects.

Price Level

An overall average price for the full range of goods and services in the economy.

  • Understand the impact of changes in aggregate demand on the economy.
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izaiah simonDec 22, 2024
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