The U.S. aggregate demand curve shifts leftward if
A. the economic conditions in Europe improve so that European incomes increase.
B. there is a tax cut.
C. the Federal Reserve hikes the interest rate.
D. the exchange rate falls.
Answer:C
The U.S. aggregate demand curve shifts leftward if
A. the economic conditions in Europe improve so that European incomes increase. B. there is a tax cut. C. the Federal Reserve hikes the interest rate. D. the exchange rate falls.