When the price level falls
A. aggregate demand shifts to the left.
B. all prices of individual goods and services decrease.
C. aggregate demand shifts to the right.
D. aggregate quantity demanded increases.
D. aggregate quantity demanded increases.
Economics
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Solutions to the moral hazard problem include
A) low net worth. B) monitoring and enforcement of restrictive covenants. C) greater reliance on equity contracts and less on debt contracts. D) greater reliance on debt contracts than financial intermediaries.
Economics
Which of the following policies is not aimed at stimulating technological progress?
a. subsidies to public universities. b. tax breaks on stock gains. c. tax breaks on research and development. d. the granting of patents.
Economics