Author Question: Refer to the above figure. For a normal good, the rightward shift of the curve could have been ... (Read 155 times)

geodog55 · **on:** Jun 29, 2018

Refer to the above figure. For a normal good, the rightward shift of the curve could have been caused by

A) a technological improvement.
B) an increase in the cost of inputs.
C) an increase in income.
D) a decrease in income.

Question 2

Both the precautionary and asset demand for money are influenced by

A) the U.S. Treasury.
B) the interest rate.
C) gold prices.
D) none of the above.