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Author Question: Which of the following changes would not shift the demand curve for a good or service? a. a change ... (Read 69 times)

mrsjacobs44

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Which of the following changes would not shift the demand curve for a good or service?
 a. a change in income
 b. a change in the price of the good or service
 c. a change in expectations about the future price of the good or service
  d. a change in the price of a related good or service

Question 2

Which of the following observations will be valid, if major trading partners of the United States experience an economic slowdown?
 a. There will be an increase in U.S. exports to them
  b. U.S. aggregate demand will not be affected
 c. U.S. net exports will decrease
 d. aggregate demand will shift to the right



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LVPMS

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Answer to Question 1

b

Answer to Question 2

c




mrsjacobs44

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


parker125

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Reply 3 on: Yesterday
Gracias!

 

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