Refer to the Article Summary. The increase in consumer spending discussed in the article summary was due in part to increases in employment and lower energy prices, which lead to an increase in disposable income
The increase in consumption resulting from the increase in disposable income will cause a(n) ________ the aggregate expenditure curve.
A) movement down along B) upward shift of
C) movement up along D) downward shift of
C
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At a given point in time, if the demand for money increases: a. the interest rate will fall
b. there will be a movement downward along the money demand curve. c. there will be a movement upward along the money demand curve. d. there will be a rightward shift of the money demand curve. e. there will be a leftward shift of the money demand curve.
An example of a government policy to enhance technological progress is:
A. the provision of publicly-funded education. B. government support for basic research. C. the construction of an interstate highway system. D. maintaining a well-functioning legal system.