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
On January 1, 2021, Red, Inc. borrowed cash by issuing a $500,000, 5-year note that specified 6% interest to be paid on December 31 of each year and the $500,000 to be paid at maturity.
Answers (1)
Huang Company's last dividend was $1.25. The dividend growth rate is expected to be constant at 27.5% for 3 years, after which dividends are expected to grow at a rate of 6% forever.
Answers (1)
Which of the following is one of the key elements that makes the current business landscape different from those of the past? Collaboration across organizational boundaries
Answers (1)
Endorsing a check A. Guarantees payment B. Transfers the right to deposit or transfer cash C. Cancels the he transaction D. All of the above
Answers (2)
You are the marketing research director of a medium-sized manufacturing firm and you would like to engage an outside marketing research firm to conduct field interviews.
Answers (1)
New Questions in Business
Thomas Company has the following data for one of their recliners. This information is for the deluxe recliner model: Sales $200,000 Variable Costs 90,000 Contribution Margin 110,000 Fixed Costs 150,000 Operating Income (loss) $ (40,000) Assume that
Answers (1)
Why did they give nba youngboy 10 years?
Answers (2)
Entrepreneurs usually do NOT make good: A. general managers. B. marketing decisions. C. financial decisions. D. production schedules.
Answers (2)
Your employer contributes $60 a week to your retirement plan. assume you work for your employer for another 20 years and the applicable discount rate is 9 percent. given these assumptions, what is this employee benefit worth to you today?.
Answers (1)
Your business uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for uncollectible accounts had a credit balance of $ 1 comma 000.
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?