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Author Question: The AD curve will shift to the right if: a. people become pessimistic about the future of the ... (Read 48 times)

cherise1989

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on: Jun 30, 2018
The AD curve will shift to the right if:
 a. people become pessimistic about the future of the economy.
  b. there is a decrease in foreign income.
  c. the government decreases spending.
  d. the domestic price level decreases.
  e. the foreign price level increases.

Question 2

An economic hypothesis:
 a. can be tested using empirical analysis.
 b. can be tested using normative analysis.
 c. cannot be tested since it is normative in nature.
 d. cannot be tested since it is a positive economic statement.


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gasdhashg

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

e

Answer to Question 2

a


cherise1989

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

amit

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Reply 3 on: Yesterday
Excellent

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