Can a one-time increase in the supply of money cause one-shot inflation?
A) Yes, because it shifts the aggregate demand curve rightward.
B) No, because it cannot shift the aggregate demand curve rightward.
C) Yes, because it shifts the aggregate demand curve leftward.
D) Yes, because it shifts the aggregate supply curve rightward.
A
Economics
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Economists refer to the simple relationship between consumption and disposable income as:
a. autonomous consumption. b. the marginal propensity to consume. c. the absolute disposable income hypothesis. d. disposable income. e. the consumption function.
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In 2016, the face value of tickets to the Broadway musical Hamilton was
A) above the equilibrium price. B) below the equilibrium price. C) set exactly at the equilibrium price. D) lowered due to falling demand.
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