If every household in Trinidad received an international grant of $50,000 to spend on household appliances, its
a. aggregate supply curve would shift to the right
b. aggregate supply curve would shift to the left
c. price level would rise causing a movement up along its aggregate demand curve
d. aggregate demand curve would shift to the left
e. aggregate demand curve would shift to the right
E
Economics
You might also like to view...
A bureaucrat at a public utility commission hearing testifies that the local area telephone monopoly is able to maximize its revenue. For that reason the rate-hike request should be denied
What will be an ideal response?
Economics
Public saving equals taxes minus government spending minus transfer payments
Indicate whether the statement is true or false
Economics