Which of the following is likely to cause the demand curve for cars to shift to the left?
A) A rise in the price of gasoline
B) A rise in the price of cars
C) An increase in the economy's national income
D) An increase in the cost of production leading to an increase in the price of cars
Question 2
The open economy effect refers to the fact that
A) the position and shape of the long run aggregate supply curve is partially due to the fact that we import goods.
B) the slope of the aggregate demand curve is partially explained by the reduction in the desire to buy fewer U.S. goods by U.S. residents and foreign residents as a result of a higher price level.
C) the immigration policies of the United States are disruptive to labor markets.
D) the aggregate supply curve shifts when the economy grows.
Cardinal Fields of Gaze, Left Lateral Superior Gaze
Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus
Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones
Frequency distribution curve: interpatient variability in drug response
Effect of an Exogenous Shift in Income
(left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur