In 2007, investment in France increased by 7 billion euros. Which of following occurs?
I. an upward shift in the AE curve.
II. a leftward shift in the AD curve.
III. an increase in the price level and real GDP in the short run.
IV. an increase in the price level and no change in real GDP in the long run.
A) I, II, III and IV. B) I and III only. C) I, III and IV only. D) III and iv only.
C) i, iii, and iv only
Economics
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Refer to the above figure. Moving from point A to point B indicates
A) an increase in supply. B) an increase in quantity supplied. C) a decrease in supply. D) a decrease in quantity supplied.
Economics
A tax on buyers will shift the
a. demand curve upward by the amount of the tax. b. demand curve downward by the amount of the tax. c. supply curve upward by the amount of the tax. d. supply curve downward by the amount of the tax.
Economics