Multiple Choice
Which of the following is not a nonprice determinant of demand?
A) Foreign income
B) Foreign prices
C) Increased government spending
D) Relative prices in the same country
E) Lower taxes
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q36: Cost-push inflation is caused by<br>A) a leftward
Q37: If both aggregate demand and short-run aggregate
Q38: In the mid-2000s, the price of oil
Q39: Which of the following is not one
Q40: Technological advance shifts the aggregate supply curve
Q42: Long-run aggregate supply increases as<br>A) new production
Q43: Other things equal, an increase in government
Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1749/.jpg" alt=" -Refer to Table
Q45: A rightward shift of the aggregate demand
Q46: In the short run, an increase in