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Author Question: Which of the following changes would not shift the demand curve for a good or service? a. a change ... (Read 16 times)

mrsjacobs44

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on: Jun 30, 2018
Which of the following changes would not shift the demand curve for a good or service?
 a. a change in income
 b. a change in the price of the good or service
 c. a change in expectations about the future price of the good or service
  d. a change in the price of a related good or service

Question 2

Which of the following observations will be valid, if major trading partners of the United States experience an economic slowdown?
 a. There will be an increase in U.S. exports to them
  b. U.S. aggregate demand will not be affected
 c. U.S. net exports will decrease
 d. aggregate demand will shift to the right


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LVPMS

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


mrsjacobs44

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
:D TYSM

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