Figure 7-1
-Refer to Figure 7-1. What could have caused a movement from point A to point D?
A) Technological advancement
B) An increase in the inflation rate
C) An increase in household wealth
D) A recession in foreign countries

Question

Figure 7-1 
-Refer to Figure 7-1. What could have caused a movement from point A to point D?
A) Technological advancement 
B) An increase in the inflation rate 
C) An increase in household wealth 
D) A recession in foreign countries

Quizplus · Accepted Answer

An increase in household wealth would cause a movement from point A to point D, as households would have more disposable income to spend on goods and services.

Figure 7-1 -Refer to Figure 7-1. What Could Have Caused a Movement