A movement along the AD curve down and to the right is caused by

a. a rightward shift of the money demand curve
b. falling consumer confidence
c. a decreasing price level
d. expansionary open market transactions by the Fed
e. a stable price level and increases in consumption, investment, or government spending

C

Economics

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C = $5 million + 0.9(1 - 0.1)Y I = $7 million G = $6 million NX = $1 million Based on the above data, the value of the expenditure multiplier is

A) 1.23. B) 5.26. C) 9.09. D) 11.11.

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Most individual's income peaks when they are about

A) 30. B) 40. C) 50. D) 60.

Economics