A rise in net exports shifts the aggregate
A. demand curve inward.
B. demand curve outward.
C. supply curve outward.
D. supply curve inward.
Answer: B
Economics
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In the figure above, the equilibrium market price is $20. $20 is the
A) marginal cost of the 150th unit. B) willingness to pay for the 1st unit. C) producer surplus. D) consumer surplus. E) deadweight loss.
Economics
When economists study the behavior of buyers, they are studying:
A) supply. B) the role of government. C) demand. D) psychology.
Economics