An increase in supply means

A. a shift in the supply curve downward and to the right.
B. a shift in the supply curve upward and to the right.
C. a shift in the supply curve upward and to the left.
D. a shift in the supply curve downward and to the left.


A. a shift in the supply curve downward and to the right.

Economics

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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 

A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A

Economics

Under a fixed exchange rate regime, if a central bank must intervene to purchase the domestic currency by selling foreign assets, then, like an open market sale, this action ________ the monetary base and the money supply, causing the interest rate

on domestic assets to ________. A) increases; rise B) increases; fall C) reduces; rise D) reduces; fall

Economics

Interest rates are determined by the supply and demand for

A) money. B) capital goods. C) loanable funds. D) foreign currencies. E) stocks.

Economics

______________: Using right methods of production

Fill in the blank(s) with the appropriate word(s).

Economics