Suppose that today, consumers expect the price of bottled water to double in the future. Then today the bottled water's
A) demand curve will shift to the right.
B) demand curve will shift to the left.
C) supply curve will shift to the right.
D) supply curve will shift to the left.
Answer: A
Economics
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Unexpected increases in inventories usually precede
A) increases in inflation B) increases in imports C) stagflation D) decreases in production E) decreases in unemployment
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Policy activists can point to the volatility of ________ of private aggregate demand to score points in arguing for discretionary countercyclical policy
A) the consumption segment B) the consumption and net export segments C) the investment and net export segments D) none of the segments
Economics