Author Question: If the market for wheat is in equilibrium, the quantity of wheat demanded will equal the quantity of ... (Read 122 times)

ghost! · **on:** Jun 30, 2018

If the market for wheat is in equilibrium, the quantity of wheat demanded will equal the quantity of wheat supplied.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If some non-price level determinant causes total spending to decrease, then the effect on aggregate demand will be a:
a. movement upward along the curve.
b. movement downward along the curve.
c. shift to the left.
d. shift to the right.