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.
You might also like to view...
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
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
Interest rates are determined by the supply and demand for
A) money. B) capital goods. C) loanable funds. D) foreign currencies. E) stocks.
______________: Using right methods of production
Fill in the blank(s) with the appropriate word(s).