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Author Question: If investment spending increases by 1 million, then the aggregate demand curve shifts A) ... (Read 116 times)

MGLQZ

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on: Jun 29, 2018
If investment spending increases by 1 million, then the aggregate demand curve shifts
 
  A) rightward by less than 1 million.
  B) leftward by more than 1 million.
  C) rightward by more than 1 million.
  D) rightward by 1 million.
  E) leftward by less than 1 million.

Question 2

What is a normative statement? Give an example.
 
  What will be an ideal response?


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ttt030911

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A normative statement is a statement about what ought to be. It is a value judgment or opinion and so cannot be proven true or false. An example of a normative statement is Students should attend school year round to receive a better education.


MGLQZ

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Reply #2 on: Jun 29, 2018
Thank you


ttt030911

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Reply #3 on: Jun 29, 2018
No problemo


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