If the government announces a new increase in spending with no change in taxes, which of the following would most likely occur?
a. No change in the aggregate demand curve as well as no movement along it
b. A leftward shift of the aggregate demand curve
c. An upward movement along the aggregate demand curve
d. A rightward shift of the aggregate demand curve
e. A downward movement along the aggregate demand curve
D
Economics
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A major prediction of the kinked demand curve model is:
A. Price stability in oligopolies B. Price instability in oligopolies C. Stability of production costs in oligopolies D. Instability of costs in oligopolies
Economics
Agency is likely to have the most effect on the demand for which of the following?
A. Emergency department visits B. Initial visits for an acute illness C. Follow-up visits for an acute illness D. Chronic care visits
Economics