An increase in demand occurs when

A) we measure price in money price rather than real price.
B) we move up the demand curve.
C) the demand curve shifts to the right.
D) the demand curve shifts to the left.

Answer: C

Economics

You might also like to view...

Investment, as included in GDP, consists of what?

What will be an ideal response?

View
Economics

When the policy rate hits its lower bound and inflation keeps falling, this portion of the aggregate demand curve is

A) downward sloping. B) upward sloping. C) flat. D) undetermined.

View
Economics