Which would shift the aggregate demand curve? A change in:
A. net export spending.
B. the legal-institutional environment.
C. input prices.
D. the prices of imported resources.
Answer: A
You might also like to view...
If a 5% cut in the price of a product causes the quantity demanded to rise by 10%, the demand is
A. unit elastic. B. inelastic. C. perfectly elastic. D. elastic.
Discrimination that occurs because the discriminator dislikes another person's gender, race, or some other personal characteristic is known as
A) taste-based discrimination. B) indirect discrimination. C) justifying discrimination. D) statistical discrimination.
A monopolist's total revenue curve:
a. starts high, rises, and then declines. b. starts low, declines, and then rises. c. starts high, declines, and then rises. d. starts low, rises, and then declines.
Inflation lowers the purchasing power of a given amount of money
Indicate whether the statement is true or false