In the Keynesian cross diagram, an increase in autonomous consumer expenditure causes the aggregate demand function to shift ________, the equilibrium level of aggregate output to rise, and the IS curve to shift to the ________,

everything else held constant.
A) up; left
B) up; right
C) down; left
D) down; right

B

Economics

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Your willingness to pay additional money for time-saving goods depends primarily on

a. the opportunity cost of your time b. your wealth and property c. your social status d. the number of people in your household e. the distance between your home and your workplace

Economics

Which of the following situations depicts a union shop?

a. Janelle’s application was rejected because she was not a union member. b. Management set hiring needs at 150 workers, but the union insisted on 200. c. Chase was informed he had 30 days after being hired to join the union. d. The lab employees formed a union to improve safety measures and pay rates.

Economics