The aggregate demand curve will shift rightward when there is:
A. a decrease in government spending.
B. a decrease in incomes abroad.
C. a tax increase.
D. the expectation that future consumer income will rise.
Answer: D
You might also like to view...
Low rates of inflation are generally associated with
a. low rates of government spending. b. small or nonexistent government budget deficits. c. low rates of productivity growth. d. low rates of growth of the quantity of money.
The arrangement among producers and processors of agricultural commodities in which the chief goal is to improve income is called
A) a monopsony. B) a marketing order. C) nonprice competition. D) collusion.
Suppose that an industry consists of 10 firms, and the top 4 firms have annual sales of $2.5 million, $2 million, $1.5 million, and $1 million, respectively. If the entire industry has annual sales of $10 million, the four-firm concentration ratio is
A) 85 percent. B) 50 percent. C) 10 percent. D) 70 percent.
The optimal quantity of pollution in the above figure
A. is the level of pollution at which the marginal benefit equals the marginal cost. B. is defined as the level where the marginal benefit is at a maximum. C. is where the optimal degree of air cleanliness is 100 percent. D. cannot be determined.