Suppose for reasons unrelated to your income, you decide to spend $1000 (in real terms) more this month than usual: a. The aggregate demand is likely to shift rightward by more than $1000 b. The aggregate demand is likely to shift rightward by $1000 c. GDP is likely to increase by $1000 d. The aggregate demand is likely to shift rightward by less than $1000

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Chapter1: Making Economics Decisions
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8)

Suppose for reasons unrelated to your income, you decide to spend $1000 (in real terms) more this month than usual:

a.

The aggregate demand is likely to shift rightward by more than $1000

b.

The aggregate demand is likely to shift rightward by $1000

c.

 

GDP is likely to increase by $1000

 

d.

 

The aggregate demand is likely to shift rightward by less than $1000

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