In the figure above, an increase in z leads to a
A) movement down along one of the lines showing the relationship between x and y.
B) rightward shift of the line showing the relationship between x and y.
C) trend change in both x and y.
D) leftward shift of the line showing the relationship between x and y.
E) movement up along one of the lines showing the relationship between x and y.
D
You might also like to view...
Assuming no change in the effective tax rate on capital, an increase in the government budget deficit will reduce the current account deficit if and only if the increase in the budget deficit
A) reduces desired national saving. B) increases desired national saving. C) reduces desired national investment. D) increases desired national investment.
The decrease in the value of the dollar relative to the Japanese yen
A. increased the yen price paid and decreased the dollar price received from U.S. goods exported to Japan. B. decreased both the yen price paid and the dollar price received from U.S. goods exported to Japan. C. increased both the yen price paid and the dollar price received from U.S. goods exported to Japan. D. decreased the yen price paid and increased the dollar price received from U.S. goods exported to Japan.