A lower price level causes the C + I + G + X curve to shift as a result of a change in all the following EXCEPT
A) an increase in real wealth.
B) an increase in foreign spending on domestic goods.
C) an increase in aggregate supply.
D) a decrease in interest rates.
C
Economics
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Country X produces only one good. It produced 12,500 units of a good during a particular year. If the price of the good during that year was $100 and the price of the good during the previous year was $95, the nominal GDP of the country is ________
A) $875,000 B) $1,187,500 C) $2,450,000 D) $1,250,000
Economics
Which of the following agreements signed in 1989 is the precursor to NAFTA?
a. the U.S.Mexico Free Trade Agreement b. the Canada-Mexico Free Trade Agreement c. the Canada-U.S. Free Trade Agreement d. the Canada-Mexico-U.S. Free Trade Agreement
Economics