A fall in price:
A: Will cause an inward shift of demand
B: Will cause an outward shift of supply
C: Leads to a movement along a demand curve
D: Leads to a higher level of production
A: Will cause an inward shift of demand
B: Will cause an outward shift of supply
C: Leads to a movement along a demand curve
D: Leads to a higher level of production
举一反三
- The discovery of a large new reserve of crude oil will shift the ________ curve for gasoline, leading to a ________ equilibrium price. ( ) A: supply, higher B: supply, lower C: demand, higher D: demand, lower
- An increase in the nominal interest rate (名义利率上升——中文由在线翻译而来，仅供参考) A: shifts the demand for money curve rightward.将货币需求向右移动。 B: shifts the demand for money curve leftward.将货币需求向左移动。 C: leads to an upward movement along the demand for money curve.导致货币需求曲线上升。 D: leads to a downward movement along the demand for money curve.导致货币需求曲线下滑。
- An advance in technology that increases productivity and an increase in the working-age population results in a A: rightward shift of the labor supply curve. B: rightward shift of the labor demand curve. C: rightward shift of the labor demand curve and of the labor supply curve. D: no change to the production function.
- Assume there are only two airlines, Air China and Hainan Airlines, which fly directly from Beijing to Hainan. What would happen in the market demand for Air China if Hainan Airlines went out of business? A: The market demand curve would shift to the right. B: The market demand curve would shift to the left. C: There would be a movement to the right along the initial market demand curve. D: There would be a movement to the left along the initial market demand curve.
- Rising oil prices in the U.S. during the 1970s caused the economy’s ( ) A: aggregate supply curve to shift to the right. B: aggregate supply curve to shift to the left. C: aggregate demand curve to become vertical. D: aggregate demand curve to become horizontal.