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Author Question: Refer to the above figure. For a normal good, the rightward shift of the curve could have been ... (Read 132 times)

geodog55

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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.


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tdewitt

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

C

Answer to Question 2

B


geodog55

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

EAN94

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Reply 3 on: Yesterday
Excellent

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