Which of the following would most likely shift the aggregate demand curve to the left? OA Increased fear that a recession will cause workers to lose their jobs. OB An increasc in personal income tax rates. OCA reduction in stock prices that lower consumer wealth. OD. All of the above.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model
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Question 16
Which of the following would most likely shift the aggregate demand curve to the left?
OA Increased fear that a recession will cause workers to lose their jobs.
OB An increase in personal income tax rates.
OCA reduction in stock prices that lower consumer wealth.
OD. All of the above.
Transcribed Image Text:Question 16 Which of the following would most likely shift the aggregate demand curve to the left? OA Increased fear that a recession will cause workers to lose their jobs. OB An increase in personal income tax rates. OCA reduction in stock prices that lower consumer wealth. OD. All of the above.
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