46 a)Which of the following factors will cause the aggregate demand curve to shift to the...
46
a)Which of the following factors will cause the aggregate demand curve to shift to the right?
A.reduction in the aggregate price level
B.decrease in foreign income
C.reduction in personal income taxes
D.increase in interest rates
b)Which of the following will NOT shift the aggregate supply curve to the right?
A.a decrease in corporate taxes
B.the discovery of cheap solar energy
C.an increase in the minimum wage
D.the development in the methods of production of nanotechnology
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Homework Answers
- C
Decrease in income tax increases consumer spending and leads to rightward shift in aggregate demand.
- C
An increase in the minimum wage
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46
a)Which of the following factors will cause the aggregate demand
curve to shift to the...
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QUESTION 23 Ceteris paribus , which of the following would cause the aggregate demand curve to shift to the right? a reduced stock market wealth b. a reduction in transfer payments c. a rise in consumer confidence d. higher personal taxes QUESTION 24 Ceteris paribus , which of the following would cause the aggregate demand curve to shift to the right? a reduced stock market wealth b. a reduction in transfer payments c. a rise in consumer confidence d. higher...
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