Sectoral shifts in demand for output
举一反三
- When taxes increase, consumption A: increases, so aggregate demand shifts right B: increases, so aggregate supply shifts right C: decreases, so aggregate demand shifts left D: decreases, so aggregate supply shifts left
- If interest rates are expected to rise in the future, the demand for long-term bonds _____ and the demand curve shifts to the _____.
- Which of the following is NOT a result of a temporary fall in foreign demand on one country's exports under floating exchange rate? ( ) A: The AA curve shifts downwards due to reduction of money supply. B: A fall in aggregate output C: A fall in the home interest rate D: The DD curve shifts to the left due to reduction of aggregate demand.
- Assume that there is a single firm producing toilet paper and the firm specific demand curve is the same as the market demand curve. If a second firm that also produces toilet paper enters the market what will happen to the firm-specific demand curve of the original firm? A: There is a movement up along the demand curve. B: There is a movement down along the demand curve. C: shifts to the right D: shifts to the left
- An increase in labor productivity shifts the labor ________ curve ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward