Advances in technology will shift the aggregate:

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

b

Economics

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In Figure 11.1, a decrease in the marginal propensity to save is represented by a change in the consumption function from

A) C1 to C3. B) C3 to C1. C) C2 to C1. D) C1 to C2.

Economics

Which of the following is a significant barrier to reducing the damage people do to one another's environment?

A) Low negotiation costs among people B) Property rights clearly assigned to specific persons C) Scarcity of public or common property relative to private property D) All of them. E) None of them.

Economics