Which of the following would likely cause aggregate demand to shift to the left?
A) Higher interest rates discouraging borrowing
B) Higher tariffs on all imports into the United States
C) Greater consumer confidence about the future
D) All of these would likely cause aggregate demand to shift to the left.

Question

Quizplus · Accepted Answer

Higher interest rates discourage borrowing and spending, leading to a decrease in aggregate demand, causing it to shift to the left.

Which of the Following Would Likely Cause Aggregate Demand to Shift