Which of the following does NOT shift the aggregate demand curve?
A) a decrease in the quantity of money
B) an increase in current foreign income
C) an increase in people's expected future incomes
D) an increase in the price level

Question

Quizplus · Accepted Answer

A change in the price level causes movement along the existing aggregate demand curve, but does not shift the curve itself. A decrease in the quantity of money, an increase in current foreign income, and an increase in people's expected future incomes can all shift the aggregate demand curve.

Which of the Following Does NOT Shift the Aggregate Demand