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An increase in ( ) shifts the AE curve ( ) and an increase in ( ) shifts the aggregate demand curve ( ).A.autonomous expenditure; upward; the price level; leftwardB.the price level; downward; autonomous expenditure; rightwardC.the price level; upward; au
(ii) Decrease in Demand:ADVERTISEMENTS:In case of decrease in demand (supply remaining unchanged), demand curve shifts to the left from DD to D2D2 (Fig. 11.7).When demand decreases to D2D2, it creates an excess supply at the old equilibrium price of OP. This leads to...
Demand curve is drawn to show the relationship between price and quantity demanded of a commodity, assuming all other factors being constant. However, other factors are bound to change sooner or later. A change in one of ‘other factors’ shifts the demand curve. Image Courtesy : 3.bp.blogsp...
An increase in the number of consumers A results only in a movement along the demand curve. B shifts the supply curve leftward C shifts the demand curve rightward. D Both answers B and C are correct. 相关知识点: 试题来源: 解析 C ...
A. an increase in the interest rate reduces the quantity of money demanded. This is shown as a movement along the curve. An increase in the price level shifts money demand right.1 B. an increase in the interest rate increases the quantity of money demanded. This is shown as a movement ...
According to the law of demand, the lower the price the greater the level of demand and vice versa so cars with low prices leads to an increase in... Learn more about this topic: The Law of Demand | Curve, Downward Sloping & Graph ...
If productivity and wages both rise by 3 percent, then the aggregate supply curve shifts up. True/False? Answer true or false: An increase in demand is reflected as a rightward (outward) shift of the demand curve and is caused by an increase in pr...
If aggregate demand shifts right, then eventually price level expectations rise. The increase in price level expectations causes the short-run aggregate-supply curve to shift to the left. A.正确 B.错误 点击查看答案&解析手机看题 你可能感兴趣的试题 单项选择题 面试时,我们可以根据面试官的反应,适时...
To get started on Part A, identify how an increase in shoplifting shifts the supply curve in the market for Gucci products and determine which curve is more likely to shift significantly based on the provided price elasticities. As a result of increase...