Question 5 2 pts One or more of the following will shift the AD curve left. Whic

Question

Question 5 2 pts One or more of the following will shift the AD curve left. Which one or ones? firms investing more due to lower interest rates firms investing less due to higher interest rates firms produce more due to a higher prices for produced goods ess due to a higher pricesf firms cut production due to a higher price of oil (which is turned into gasoline for cars, kerosene for airplanes, and diesel for trucks) firms increase production due to a lower price of oil (which is turned into gasoline for cars, kerosene for airplanes, and diesel for trucks) prices fall and total spending rises prices rise and total spending falls

Explanation / Answer

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firms investing less due to higher interest rates shift the demand curve to the left
prices rise and total spending falls

the AD curve changes as the consumption-investment or spending changes in the economy
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the price level does not shift the curve that just moves along the curve.
the input prices change the AS curve not AD curve

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