Suppose the supply of Malaysian rubber increases. If U.S. producers purchase this rubber as an input, in the United States, this would cause a

A) rightward shift of the AD curve.
B) leftward shift of the AD curve.
C) rightward shift of the SRAS curve.
D) leftward shift of the SRAS curve.

C

Economics

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If an individual deposits an amount at a compound interest rate of r% per year for a time period of T years, then:

A) Future Value = (1 - r)T × (Original Principal). B) Future Value = (1 + r)/T × (Original Principal). C) Future Value = (1 - r)/T × (Original Principal). D) Future Value = (1 + r)T × (Original Principal).

Economics

Explain the purpose of the following figure

What will be an ideal response?

Economics