Which of the following shifts aggregate demand to the right?
a. The price level rises.
b. The price level falls.
c. The Fed purchases government bonds on the open market.
d. None of the above is correct.
c
You might also like to view...
Which of the following best explains why the monopolist's marginal revenue is less than the sales price?
a. To sell more units, the monopolist must reduce price on all units sold. b. As the monopolist expands output, the average total cost will decline. c. The monopolist charges each consumer the highest possible price. d. When a firm has a monopoly, consumers have no choice other than to pay the price set by the monopolist.
The net revenue gains to states from implementing remote taxes would likely be less than estimated because
A. people will just lie about their location. B. consumers will decrease? out-of-state purchases. C. there is no way to identify? out-of-state sales. D. tax rates vary among states.