Consumption spending is $6,720 when income is $8,000. • consumption spending is $7,040 when income is $8,500. refer to scenario 34-2. in response to which of the following events could aggregate demand increase by $1,500? a. an economic boom overseas increases the demand for u. s. net exports by $550, and there is no crowding-out effect. b. an economic boom overseas increases the demand for u. s. net exports by $300, and there is no crowding-out effect. c. a stock-market boom stimulates consumer spending by $300, and there is an operative crowding-out effect. d. a stock-market boom stimulates consumer spending by $550, and there is a small operative crowding-out effect.