Ask Question
BusinessBusiness
11 September, 03:57

A rightward shift in aggragate Demand (for US) can be caused by which of the following Increase in consumer waelth, increase in taxes, increase in minimum wage, increase in the value of the US Dollor

+2
Answers (1)
  1. 11 September, 04:22
    0
    Option A Increase in consumer wealth

    Explanation:

    The reason is that when the consumer wealth increases his purchasing power increases which enables him to opt to items which greater in value and also that the person starts satisfying his personal needs and wants which means that the person is spending more and if the person is spending more then the aggregate demand of the product and services will increase. Furthermore the increase in taxes, costs and value of US dollar decreases the demand because it increases the prices of the product and increase in price of the product or services decreases the demand of the product both in the domestic and international market. So the right option is A.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A rightward shift in aggragate Demand (for US) can be caused by which of the following Increase in consumer waelth, increase in taxes, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which would most likely shift the aggregate supply curve? a change in the prices of select one: a. domestic products. b. foreign products. c. financial assets. d. resources?
Answers (1)
The "underground economy" refers to A. the formal sector of the economy in developing countries. B. the sector of the economy that earns profits that are higher than average. C. the buying and selling of goods that is concealed from the government.
Answers (1)
Which is the primary source of revenue for the federal government
Answers (1)
Which of the following is a strategy that you can use to protect yourself from the risks involved in owning a home? Pay PMI. Buy a product warranty. Purchase homeowner's insurance. Take advantage of the Truth in Lending Act.
Answers (1)
Identify three challenges bricks constructions may encounter when trying to implement their corporate social investment plan in the local community
Answers (1)
New Questions in Business
9) Consider the following four alternatives: 1. $132 received in two years. 2. $160 received in five years. 3. $200 received in eight years. 4. $220 received in ten years.
Answers (1)
The Daily News had net income of $121,600, of which, 40% was distributed to the shareholders as dividends. During the year, the company sold $75,000 worth of common stock.
Answers (1)
Ruth Company showed the following balances at the end of its first year. Cash $7000 Prepaid Insurance $700 Accounts Receivable $3500 Accounts Payable $2800 Notes Payable $4200 Denton Capital $1400 Denton Drawing $700 Revenues $21000 Expenses $17500
Answers (1)
A bank sent out questionnaires to a simple random sample of customers asking whether they would like the bank to extend its hours. Eighty percent of those returning the questionnaire said they would like the bank to extend its hours.
Answers (1)
Independence Corporation reported beginning and ending total assets of $ 18 comma 000 and $ 28 comma 000 , respectively. Its net sales for the year were $ 21 comma 850. What was Independence 's asset turnover ratio?
Answers (1)
Home » Business » A rightward shift in aggragate Demand (for US) can be caused by which of the following Increase in consumer waelth, increase in taxes, increase in minimum wage, increase in the value of the US Dollor
Sign Up Forgot Password?