If the price of inputs rises and foreign income rises:
a. Aggregate demand rises, but aggregate supply does not change.
b. Aggregate demand falls, and aggregate supply rises.
c. Aggregate demand and aggregate supply fall.
d. Neither aggregate demand nor aggregate supply change.
e. Aggregate demand rises, and aggregate supply falls.
.E
Economics
You might also like to view...
Suppose the Fed buys government securities from a commercial bank. Why is there a multiplier effect on the quantity of money?
What will be an ideal response?
Economics
The Levines sold their vacation home for $188,000. If they made a profit of 10 percent, what was the original cost of their property?
A) $169, 200 B) $179,000 C) $179,200 D) $170,900
Economics