Which of these is the most likely impact of an increase in the wealth of consumers?
a. The aggregate supply curve shifts outward

The consumer price index reflects

A. the changes in the prices of goods and services typically purchased by consumers. B. the average level of prices for intermediate goods and services purchased by business. C. the median price of a typical single family home. D. prices of all goods and services computed from the ratio of nominal GDP to real GDP.

If the U.S. government places tariffs on imports from countries that have been accused of deliberately undervaluing their currencies, the price of these imports will ________ and the demand for the undervalued currency will ________

A) rise; fall B) fall; rise C) rise; rise D) fall; fall