An economy is initially in macroeconomic equilibrium. Which combination of simultaneous changes is most likely to cause an unambiguous leftward shift in the economy's aggregate demand (ADADAD) curve?
A fall in consumer confidence, a rise in the central bank policy rate, and a rise in the government budget surplus
A rise in consumer confidence, a fall in the central bank policy rate, and a rise in the government budget surplus
A fall in consumer confidence, a fall in the central bank policy rate, and a fall in the government budget surplus
A rise in consumer confidence, a rise in the central bank policy rate, and a fall in the government budget surplus
222 exam-style questions on AQA A Level Economics 2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts, covering 2.2.1 The circular flow of income, 2.2.2 Aggregate demand and aggregate supply analysis, 2.2.3 The determinants of aggregate demand, 2.2.4 Aggregate demand and the level of economic activity, 2.2.5 Determinants of short-run aggregate supply, and 2.2.6 Determinants of long-run aggregate supply. Each one has a worked solution and a mark scheme showing where the marks go.