Identify changes in two variables that would shift the supply curve of dollars to the right. Identify changes in two variables that would shift the demand curve for dollars to the right.
Ans
Greater no. Of usa tourists to foreign countries and greater usa imports will shift supply curve outwards as it leads to greater conversion of dollars into other currencies
Similarly greater usa exports and greater influx of foreign tourists into usa leads to shift of demand curve
Identify changes in two variables that would shift the supply curve of dollars to the right....
Identify two changes that would shift the marginal product of capital curve INWARD
An earlier chapter discussed the variables that shift the demand curve and the variables that shift the supply curve. How many of these variables that shift microeconomic demand and supply curves also shift the aggregate demand (AD) curve or the short-run aggregate supply (SRAS) curve? What might you conclude about the relationship between the concepts of demand and supply in microeconomics and in macroeconomics?
a) Provide a factor that would shift the long-run aggregate supply (LRAS) curve to the right. What does this shift in LRAS imply for aggregate output? Use the Aggregate Demand and Supply model to illustrate this event. Make sure you properly label all the axes and curves. (You only need to draw a shift in LRAS curve, no need to draw other curves). b) Provide a factor that would shift the short-run aggregate supply (SRAS) curve upward (and to the...
How will shift right in supply affect equilibrium price, assuming demand remains constant? a. increase b. decrease c.will not affect it d. cannot be determined According to the law of demand, if the price of a good decreases, its Qd? a. decreases b. increases c. goes to zero d. stays constant According to the income effect, price changes equal changes in? a. money income b.real income c.demand d. utility on the demand curve a chance in price leads a. no...
Which of the following changes would not shift the supply curve for a good or service? A a change in production technology B a change in the price of the good or service C a change in expectations about the future price of the good or service D a change in input prices
what are the right answers Question 7 0/1 point A rightward shift in the supply curve indicates a shift in the demand curve also (because demand must equal supply). that an increase in income results in an increase in the quantity demanded at each price. that more is demanded at each price. an increase in the quantity supplied at each price. a decrease in the quantity supplied at each price. Question 8 0/1 point Economists say there has been a...
Which of the following would cause a shift to the right of the supply curve for coffee? I. A large increase in preference for coffee. II. A large decrease in the price of a cup of coffee. III. A good harvest of coffee bean. - Select one: I only II only II and III only III only
Which of the following would cause the aggregate demand curve to shift to the right? Group of answer choices an appreciation of the American dollar an increase in real interest rates a decrease in the money supply an increase in purchases by the federal government
Remember: Changes in supply determinants shift supply, and changes in demand determinants shift demand. We say that a shift of supply does not cause a shift of demand, and vice-versa, because it is the adjustment of the market price (via the elimination of temporary shortages and surpluses) that allows the market to arrive at an equilibrium price that causes a stable condition where quantity supplied = quantity demanded. Please analyze the following scenario with a graph, accompanied by a complete...
Which of the following would cause the long-run aggregate supply curve to shift to the right? (Choose all that apply) an increase in the size of the labor force a decrease in nominal wages an improvement in technology an increase in the supply of capital goods