If consumer wealth increases, economists would say that this was a

positive demand shock that leads to higher prices and employment.

positive demand shock that leads to lower prices and employment.

positive supply shock that leads to lower prices and employment.

negative demand shock that leads to higher prices and employment.

negative demand shock that leads to lower prices and employment.

Question

22 September, 05:55

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Answers (2)

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Levi · Answer 1

positive demand shock that leads to lower prices and employment.

Ean Underwood · Answer 2

Positive demand shock that leads to lower prices and enjoyment