An increase in disposable income will shift the aggregate demand curve to the right
Indicate whether the statement is true or false
TRUE
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Assume the market in the graph shown was originally at an equilibrium with demand D and supply S. The original equilibrium price and quantity were, respectively:
A. $5 and 30. B. $10 and 20. C. $5 and 20. D. $20 and 10.
An expansionary monetary policy in the United States should
A) decrease the foreign currency price of U.S. exports. B) cause the dollar to appreciate. C) decrease the dollar price of imports. D) decrease net exports.
The goals of rate regulation have included the prevention of
A) monopoly profits. B) oligopolistic pricing. C) marginal cost pricing. D) average cost pricing.
Assume there are 4065 voters in a certain small town and let x = the preferred number of dollars charged monthly to support local parks. For Voters 1-1050, x = $10; for voters 1051-2121, x= $20, for voters 2122-3334, x = $30; for voters 3335-3998, x = $40; and for 3999-4065, x = $50 . Based on these preferences, which of the dollar amounts will win over any of the others?
a. $20. b. $30. c. $50 d. None of the above are correct.