Aggregate demand ________ and shifts the AD curve ________ when ________
A) increases; rightward; government expenditure increases
B) increases; leftward; government expenditure increases
C) decreases; leftward; foreign income increases
D) increases; rightward; future expected profit decreases
E) increases; rightward; taxes increase
A
You might also like to view...
The closer the substitutes for a good, the
A) more elastic is the demand for the good. B) less elastic is the demand for the good. C) smaller the degree of substitutability between the goods. D) larger the proportion of income that is spent on the good.
The efficient markets hypothesis suggests that investors
A) should purchase no-load mutual funds which have low management fees. B) can use the advice of technical analysts to outperform the market. C) let too many unexploited profit opportunities go by if they adopt a "buy and hold" strategy. D) act on all "hot tips" they hear.
Which of the following are the constituent accounts of the Balance of Payments?
(a) Current account, deposit account and capital account; (b) Trade account, merchandise account and overdrafts; (c) Current account, capital account and financial account; (d) Financial account, primary account and secondary account.
The Latin expression Ceteris paribus means:
A. everything else being equal. B. economic model. C. economists are partly right. D. partial scarcity is certain.