Economic growth would be illustrated by

A) a rightward shift of aggregate demand.
B) a leftward shift of aggregate demand.
C) a rightward shift of aggregate supply.
D) a leftward shift of aggregate supply.


C

Economics

You might also like to view...

If a natural monopoly is regulated using the marginal cost pricing rule, how does the regulation affect prices, outputs, profits, and the distribution of surpluses? What are the pros and cons to this method of regulation?

What will be an ideal response?

Economics

Expansionary fiscal policy should raise the exchange rate of the dollar

Indicate whether the statement is true or false

Economics

Due to the recent increase in the price of natural gas, the quantity of coal demanded by electric power generation plants has increased. Based on this information, coal and natural gas are:

A) complements. B) substitutes. C) independent goods. D) none of the above

Economics

An increase in the interest rate will stimulate firms' investment spending

a. True b. False Indicate whether the statement is true or false

Economics