An economy's aggregate demand curve shifts leftward or rightward by more than changes in initial...

Question:

An economy's aggregate demand curve shifts leftward or rightward by more than changes in initial spending because of the

A. net export effect

B. wealth effect

C. real-balances effect

D. multiplier effect

Economic Factors:

Economic factors refer to the components that affect the functioning of economic activities such as production, distribution, and consumption of products and services. Such economic factors include aggregate demand, price level, aggregate supply, and so on.

Answer and Explanation: 1

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D. multiplier effect

Explanation:

The multiplier effect refers to the response of economic aggregate demand due to change in the autonomous...

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Economic Factors of Pricing and Pricing Strategy

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Chapter 11 / Lesson 10
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When a company makes a change in pricing, it is usually in response to inflation or recession. These two tactics are explained to better understand the intricacies involved in devising and implementing a cost strategy.


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