Refer to the accompanying figure. Moving from demand curve D1 to demand curve D2 illustrates a(n):
A. decrease in demand.
B. decrease in quantity demanded.
C. increase in demand.
D. increase in quantity demanded.
Answer: C
Economics
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Which of the following is an advantage of monetary policy?
A) It is faster to implement than fiscal policy. B) It acts more directly upon aggregate demand than fiscal policy. C) It is not subject to multiplier effects. D) It is unlikely to create inflation.
Economics
If there were no factors keeping wages from reaching equilibrium then there would be no
a. cyclical unemployment. b. frictional unemployment. c. structural unemployment. d. natural rate of unemployment.
Economics