Chinese toy exports were hurt in 2007 as a result of lead paint fears. How would this decrease in exports have affected China's aggregate demand curve?
A) Aggregate demand would have shifted to the left.
B) Aggregate demand would not have shifted, but there would have been a movement up the aggregate demand curve.
C) Aggregate demand would not have shifted, but there would have been a movement down the aggregate demand curve.
D) Aggregate demand would have shifted to the right.
Correct Answer:
Verified
Q1: Why did the revenues of Aramex drop
Q2: Spending on the armed forces is categorized
Q4: Last week, 5.5 Egyptian pounds could purchase
Q5: Does an Egyptian consumer who buys a
Q6: An increase in investment causes the price
Q7: Which of the following was an inflationary
Q8: By mid -2008, U.S. real GDP continued
Q9: What did FedEx Middle East do to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents