A fall in price level will:
a. shift the aggregate demand curve to the right
b. shift the aggregate demand curve to the left
c. result in a movement upward along the aggregate demand curve
d. result in a movement downward along the aggregate demand curve
e. change the slope of the aggregate demand curve
Answer is d. result in a movement downward along the aggregate demand curve
Economics
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How does total revenue change as one moves downward and to the right along a linear demand curve?
a. It always increases. b. It always decreases. c. It first increases, then decreases. d. It is unaffected by a movement along the demand curve.
Economics
Figure 17-10
Refer to . Producer surplus with the tariff is
a.
G.
b.
C + G.
c.
A + C + G.
d.
A + B + C + G.
Economics