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Author Question: Refer to Figure 13-1.Ceteris paribus,a decrease in firms' expectations of the future ... (Read 139 times)

mikaylakyoung

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Question 1

Figure 13-1









Refer to Figure 13-1Ceteris paribus, an increase in households' expectations of their future income would be represented by a movement from


AD
1 to AD
2.
AD
2 to AD
1.
◦ point A to point B.
◦ point B to point A.

Question 2

Figure 13-1









Refer to Figure 13-1Ceteris paribus, a decrease in firms' expectations of the future profitability of investment spending would be represented by a movement from


AD
1 to AD
2.
AD
2 to AD
1.
◦ point A to point B.
◦ point B to point A.


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Marked as best answer by mikaylakyoung on Mar 16, 2019

cloud

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mikaylakyoung

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Reply 2 on: Mar 16, 2019
Excellent


lkanara2

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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