Refer to Figure 4.2. A shift from D2 to D1 will result from which of the following?

A) an increase in expected future profits
B) an increase in net exports
C) an increase in corporate taxes
D) a decrease in tax credits for savings


C

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

In 2009, Congress passed a bill that involved government spending increases and tax cuts with the purpose of stimulating the U.S. economy. This policy is an example of

A) an automatic stabilizer. B) contractionary fiscal policy. C) expansionary fiscal policy. D) expansionary monetary policy.

Economics

Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; potential C. higher; higher D. lower; higher

Economics

Refer to the information provided in Figure 2.6 below to answer the question(s) that follow. Figure 2.6Refer to Figure 2.6. Which of the following will shift an economy's production possibility frontier from ppf1 to ppf2?

A. a change in consumers' tastes B. an increase in production efficiency C. an increase in the economy's capital stock D. a decrease in unemployment

Economics