Suppose consumption decreases at each price level. As a result, aggregate demand __________, and the AD curve shifts __________
A) increases; leftward
B) decreases; leftward
C) increases; rightward
D) decreases; rightward
B
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According to the labor statistics of the United States, the _____ reported the highest unemployment rate between 1960 and 2008
a. Whites b. Asians c. African Americans d. Hispanics e. Latinos
Other things the same, as the price level falls, which of the following increases?
a. lending and investment spending b. lending, but not investment spending c. investment spending, but not lending d. neither investment spending nor lending
Recall the Application about the cost of using import restrictions to protect jobs in the lumber industry to answer the following question(s).Recall the Application. Import restrictions in the lumber industry in the United States have ________ the supply of lumber and ________ the price of lumber in the United States.
A. increased; increased B. increased; decreased C. decreased; increased D. decreased; decreased
Use the marginal principle to explain why government mandated safety features in automobiles during the 1960s and 1970s resulted in an increase in collisions between automobiles and bicycles
What will be an ideal response?