If people save more for retirement, holding all else constant, then the immediate effect is the
A.
aggregate demand curve shifts right.
B.
aggregate demand curve shifts left.
C.
short- and long-run aggregate supply curves shift right. (D) short- and long-run aggregate supply curves shift left.
D.
short-run aggregate supply curve shifts left.
Exam No:AP Macroeconomics Problem Set 1 Year:2024 Question No:APMacroeconomics2024AP0131
Answer:
B
Knowledge points:
5.1 Fiscal and Monetary Policy Actions in the Short Run
Solution:
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