Driven by consumer spending and a strong housing market, the U.S. economy grew by 2.3% in 2019, but that was down from the 2.9% growth in GDP in 2018 and below the 3% target set by the Trump administration. A strong job market also increased the labor force participation rate to 63.2% by the end of 2019. Congressional Budget Office Director Phillip Swagel expects consumer spending to remain strong in 2020 and forecasts a rebound in business investment spending as well. Federal Reserve Chairman Jerome Powell also indicated the economy could see a boost in business investment based on the new trade pacts with China, Canada, and Mexico.Source: Scott Horsley, "U.S. Economic Growth Slowed In 2019 To 2.3% ," npr.org, January 30, 2020.Refer to the Article Summary. Both CBO Director Phillip Swagel and Federal Reserve Chair Jerome Powell indicate that the economy could see an increase in business investment spending in 2020. Increases in business investment spending will cause a(n) ________ the aggregate expenditure curve.

A.

upward shift of

B.

movement down along

C.

downward shift of

D.

movement up along