Which of the following shifts aggregate demand to the left?
A) the price level falls
B) the money supply increases
C) the dollar depreciates
D) interest rates rise

Name: Which of the following shifts aggregate demand to the left? A) the price level falls B) the money supply increases C) the dollar depreciates D) interest rates rise
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

When interest rates rise, it becomes more expensive for businesses and consumers to borrow money, leading to a reduction in spending and a decrease in aggregate demand.

Which of the Following Shifts Aggregate Demand to the Left