If the price of a good increases from $20 to $25 and the quantity demanded declines from 15 to 10 units of the good, the price elasticity of demand is 5

An increase in the number of consumers in a market would cause

A) an increase in quantity demanded. B) an increase in quantity supplied. C) an increase in demand. D) an increase in supply.

Which component of aggregate demand is most impacted by the foreign trade effect?

a. investment spending b. consumption c. net exports d. government purchases