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If consumption in the United States increases but government spending decreases, what would happen to aggregate demand (AD)? The curve would shift right. O It cannot be determined. O The curve would shift left. O The curve would become steeper. The curve would not move.A technological advance leads to a shift in O only short-run aggregate supply (SRAS). O neither SRAS nor LRAS. O both SRAS and LRAS. O only long-run aggregate supply (LRAS). O only aggregate demand (AD).The aggregate demand curve slopes downward because O as price falls, consumers substitute more expensive goods for less expensive goods. O a lower price level increases real wealth. O a lower price level decreases exports. O a lower price level decreases purchasing power. O the demand curves of individual markets slope downward.Question 21 2 pts All else being equal, when foreign incomes fall, U.S. aggregate O supply will shift to the right. O supply will shift to the left. demand will shift to the left. O demand will shift to the right. O demand will be unaffected