If we say that demand has increased, we mean that there has been
a. a leftward movement along the demand curve
b. a rightward movement along the demand curve
c. a leftward shift of the demand curve
d. a rightward shift of the demand curve
e. an increase in the slope of the demand curve
D
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Why is the aggregate demand curve downward sloping while the aggregate expenditure line is upward sloping?
What will be an ideal response?
A study by Kathryn Edin and Laura Lein found that
A. virtually all single mothers—whether working or receiving public assistance—had to supplement their income with money from relatives, boyfriends, or the absent father of their children. B. most welfare families lived very comfortably on their public assistance checks, supplemented by Medicaid, public housing, and food stamps. C. only half the number of Americans officially below the poverty line were actually poor. D. government assistance hurt the poor much more than it helped the poor.
Other things the same, if workers and firms expected prices to rise by 2 percent but instead they rise by 3 percent, then
a. employment and production rise. b. employment rises and production falls. c. employment falls and production rises. d. employment and production fall.
In which case(s) does(do) a country's supply of loanable funds shift left?
a. both an increase in the budget deficit and capital flight b. an increase in the budget deficit, but not capital flight c. capital flight, but not an increase in the budget deficit d. neither an increase in the budget deficit nor capital flight