Exhibit 4-2

-Refer to the exhibit.Which of the following would be caused by an increase in the birth rate?

Name: Exhibit 4-2 -Refer to the exhibit.Which of the following would be caused by an increase in the birth rate?
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Question

Exhibit 4-2
 
-Refer to the exhibit.Which of the following would be caused by an increase in the birth rate?

Quizplus · Accepted Answer

An increase in birth rate would lead to a higher population, which in turn would increase the demand for goods and services. This would shift the demand curve from D₁ to D₂, hence D is the correct choice.

Exhibit 4-2 -Refer to the Exhibit.Which of the Following Would Be Caused