If there is an increase in expected future income, then
A) the aggregate demand curve shifts rightward.
B) the aggregate demand curve shifts leftward.
C) there is an upward movement along the aggregate demand curve.
D) there is a downward movement along the aggregate demand curve.
E) the aggregate demand curve becomes steeper.
Ans: A) the aggregate demand curve shifts rightward.
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The cross elasticity of demand for blank DVDs and DVD burners is likely to be
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A. Voters changing their preferences B. Irrational preferences among some voters C. A normal consequence of majority voting D. Voters not having a good idea of their preferences
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