An increase in consumer wealth would shift the aggregate demand curve rightward

Indicate whether the statement is true or false

TRUE

Economics

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Suppose you decide to borrow money from an online peer-to-peer lending site

On the T-account for the lending site for this transaction, the funds from the investor who chooses to fund the loan would be classified as ________, and the loan made to you would be classified as ________. A) a liability; an asset B) an asset; a liability C) an asset; an asset D) a liability, a liability

Economics

Which one of the following would shift your consumption function in an upward direction?

A) an increase in your wealth B) a decrease in your wealth C) an increase in your real disposable income D) a decrease in your real disposable income

Economics