Which of the following would shift the aggregate demand curve to the right?
a. An increase in government purchases
b. An increase in investment spending
c. An open market purchase of bonds by the Fed
d. All of the above
e. None of the above
D
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The table above has the domestic demand and domestic supply schedules for a good. If the world price of the good is $10 and international trade occurs, then according to the table
A) domestic production is higher before trade than after trade. B) the country imports 16 units a day. C) the country imports 6 units a day. D) the country exports 6 units a day. E) the country exports 22 units a day.
The most vocal political pressure for tariffs is generally made by
A) consumers lobbying for export tariffs. B) consumers lobbying for import tariffs. C) consumers lobbying for lower import tariffs. D) producers lobbying for export tariffs. E) producers lobbying for import tariffs.