How can the effect of an unexpected decline in asset values on aggregate demand best be described? Multiple choice question. A decline in wealth prompts consumers to save more and spend less which shifts the aggregate demand curve to the left. A decline in wealth prompts consumers to save more and spend more which shifts the aggregate demand curve to the left. A decline in wealth prompts consumers to save less and spend more which shifts the aggregate demand curve to the right. A decline in wealth prompts consumers to save less and spend less which shifts the aggregate demand curve to the right