When aggregate demand decreases rapidly, the economy is likely to experience

A increase in quantity demanded as a result of a change in price

A) is a rightward shift of the demand curve. B) is a leftward shift of the demand curve. C) leaves the demand curve unchanged. D) is not possible.

If the purpose of a tax is to raise revenue, it would be best for government to place the tax on which of the following goods?

a. a non-essential good, such as holiday travel b. a good whose demand curve is highly elastic c. a good that has several close substitutes d. a good whose demand curve is highly inelastic e. a good whose demand curve is unit elastic