A leftward shift of a supply curve is called a(n):

a. decrease in demand.
b. increase in supply.
c. decrease in supply.
d. increase in quantity supplied.
e. decrease in quantity supplied.

c

Economics

You might also like to view...

The downward slope of the demand for money curve is created by the:

a. transactions demand for money. b. precautionary demand for money. c. speculative demand for money. d. all of these.

Economics

When the Fed purchases government securities, it

a. increases banks' reserves and makes possible an increase in the money supply b. decreases banks' reserves and makes possible a decrease in the money supply c. automatically raises the discount rate d. uses discounting operations to influence margin requirements e. sends a signal to the banking community that there is too much inflation

Economics