A very hot summer in Atlanta will cause
a. the demand curve for lemonade to shift to the left.
b. the demand for air conditioners to decrease.
c. the demand for jackets to decrease.
d. a movement downward and to the right along the demand curve for tank tops.
c
Economics
You might also like to view...
A marginal propensity to consume of 0.84 results in a multiplier of
A) 6.25. B) 1.19. C) 0.16. D) 0.84. E) 1.84.
Economics
In the long run, a higher government budget deficit causes
A) a decrease in both private spending and equilibrium real GDP. B) an increase in both private spending and equilibrium real GDP. C) a decrease in private spending while equilibrium real GDP remains unchanged. D) no change in private spending but a decrease in equilibrium real GDP.
Economics