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Exhibit 18-4 -Suppose That British Incomes Rise Relative to Incomes in the to Incomes

Question 127

Multiple Choice

Exhibit 18-4
Exhibit 18-4 -Suppose that British incomes rise relative to incomes in the United States.Then,in Exhibit 18-4 A) the demand curve will shift from D<sub>1</sub> to D<sub>2</sub> B) the demand curve will shift from D<sub>2</sub> to D<sub>1</sub> C) the supply curve will shift from S<sub>1</sub> to S<sub>2</sub> D) the supply curve will shift from S<sub>2</sub> to S<sub>1</sub> E) neither the demand for nor the supply curve will shift
-Suppose that British incomes rise relative to incomes in the United States.Then,in Exhibit 18-4


A) the demand curve will shift from D1 to D2
B) the demand curve will shift from D2 to D1
C) the supply curve will shift from S1 to S2
D) the supply curve will shift from S2 to S1
E) neither the demand for nor the supply curve will shift

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