If people save more and spend less, the aggregate demand curve shifts to the right.

Question 7 options:

True

False

Question

Tyrese French

Business

20 August, 05:15

If people save more and spend less, the aggregate demand curve shifts to the right.

Question 7 options:

True

False

+1

Answers (2)

Know the Answer?

Seamus Hardy · Answer 1

False is the answer!

Cayden Bauer · Answer 2

Its answer is false because the demand curve is a representation of the relationship between the price of a good and the quantity of good that consumers are willing to buy. When graphed, it is usually customary to record the different prices on the vertical axis and the respective quantities demanded on the horizontal axis.

If people save more and spend less, the aggregate demand curve shifts to the right.Question 7 options:TrueFalse

If people save more and spend less, the aggregate demand curve shifts to the right.

Question 7 options:

True

False