Which of the following would cause an increase in aggregate demand (AD)?
A) an increase in interest rates B) a decrease in taxes
C) a decrease in price levels D) a rise in the foreign exchange value of the dollar
B
Economics
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Kaitlyn and Larissa have formed a dog bathing and grooming business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. As they groom more dogs, the opportunity cost of grooming additional dogs
A) rises. B) falls. C) remains constant. D) depends on the prices being charged.
Economics
If the price per bushel of apples increased from $7.00 to $8.00 because of a poor harvest, the
A) demand for apples decreases. B) quantity of apples demanded decreases. C) quantity of apples supplied decreases. D) Both answers A and B are correct.
Economics