Which of the following will shift today's supply curve to the right?
A) Input prices rise.
B) Sales taxes increase.
C) Prices are expected to be higher in the future.
D) Prices are expected to be lower in the future.
Answer: D
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High net worth helps to diminish the problem of moral hazard problem by
A) requiring the state to verify the debt contract. B) collateralizing the debt contract. C) making the debt contract incentive compatible. D) giving the debt contract characteristics of equity contracts.
Why are government transfer payments not included in the GDP?
a. It is spending that is too small to count in the GDP. b. It is spending that disperses income among the citizens. c. It is spending used to buy goods and services. d. It is spending used to broker international agreements.
Determinants of macro performance work on macro outcomes through
A. Internal market forces. B. International balances. C. External shocks. D. Aggregate supply and demand.
All of the following shift the labor demand curve EXCEPT changes in
A) fringe benefits offered to employees. B) the demand for the final product. C) labor productivity. D) prices of related factors.