Author Question: Japanese electronics exports were hurt in 2008 as a result of the recession. How would this decrease ... (Read 119 times)

xclash · **on:** Jun 29, 2018

Japanese electronics exports were hurt in 2008 as a result of the recession. How would this decrease in exports have affected Japan's aggregate demand curve?

A) The aggregate demand curve would not have shifted, but there would have been a movement down the aggregate demand curve.
B) The aggregate demand curve would have shifted to the right.
C) The aggregate demand curve would not have shifted, but there would have been a movement up the aggregate demand curve.
D) The aggregate demand curve would have shifted to the left.

Question 2

A sharp increase in the divorce rate increases the number of lawyers hired to determine divorce settlements. This will

A) increase GDP and decrease well-being in the economy.
B) decrease GDP and decrease well-being in the economy.
C) increase GDP and increase well-being in the economy.
D) decrease GDP and increase well-being in the economy.