Other factors held constant, a decrease in resource prices will shift the aggregate:

a. demand curve leftward.
b. demand curve rightward.
c. supply curve leftward.
d. supply curve rightward.

d

Economics

You might also like to view...

Headquartered in Washington, D.C., the Board of Governors of the Federal Reserve determines monetary policies and strategies based on the state of the economy

Indicate whether the statement is true or false

Economics

Which of the following is true?

a. Decision making should never be centralized b. When decentralizing decision making, figure out a way to transfer information to the decision maker c. When decentralizing decision making, strengthen incentive compensation schemes d. When decentralizing decision making, weaken incentive compensation schemes

Economics