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Q: Is it true and an economy's aggregate demand curve shifts leftward or rightward by more than changes in initial spending because of the multiplier effect?
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What are factors affecting supply curve?

A change in supply (a shift in the supply curve) occurs whenever some factor that affects the supply of the good, other than its price, changes. Such variables include:1. Prices of productive resources. A rise (fall) in the prices of resources shifts the supply curve leftward (rightward).2. An increase in technology shifts the supply curve rightward.3. An increase (decrease) in the number of suppliersshifts the supply curve rightward (leftward).4. Prices of other goods produced, which have two possible relationships:a) When the price of a substitute in production rises (falls), the supply curve for the good shifts leftward (rightward).b) A rise (fall) in the price of a complement in production shifts the supply curve rightward (leftward).5. If the expected future price of the product rises (falls), the supply curve in the present period shifts leftward (rightward).A change in supply also affects the price and quantity of the product.1. An increase in supply (a shift rightward of the supply curve) causes the price to fall and the quantity to increase.2. A decrease in supply (a shift leftward in the supply curve) causes the price to rise and the quantity to decrease


Which direction would the supply curve shift if there was a decrease in supply?

leftward


What is the effect of war on a production possibility frontier?

production possibility frontier shift leftward


A leftward shift in supply curve of product x will increase equilibrium price to a greater extent?

the moe elastic the supply curve


Leftward shift in the supply curve?

A leftward shift in the supply curve would mean that some outside (Macro-economic) or inside (Micro-economic) event occurred that caused the supplier of the good to not be willing to make as many at a lower price. The price of the good/service will increase. The new price will be at the new (higher) intersect of the supply and demand curves (equilibrium).

Related questions

What us the width of a triangle?

the distance between the most rightward corner to the most leftward corner


What are factors affecting supply curve?

A change in supply (a shift in the supply curve) occurs whenever some factor that affects the supply of the good, other than its price, changes. Such variables include:1. Prices of productive resources. A rise (fall) in the prices of resources shifts the supply curve leftward (rightward).2. An increase in technology shifts the supply curve rightward.3. An increase (decrease) in the number of suppliersshifts the supply curve rightward (leftward).4. Prices of other goods produced, which have two possible relationships:a) When the price of a substitute in production rises (falls), the supply curve for the good shifts leftward (rightward).b) A rise (fall) in the price of a complement in production shifts the supply curve rightward (leftward).5. If the expected future price of the product rises (falls), the supply curve in the present period shifts leftward (rightward).A change in supply also affects the price and quantity of the product.1. An increase in supply (a shift rightward of the supply curve) causes the price to fall and the quantity to increase.2. A decrease in supply (a shift leftward in the supply curve) causes the price to rise and the quantity to decrease


Two forces in each pair may have different physical origins?

False. They must come from the same origin (for example, a swimmer's thrust force, rightward motion, is counteracted by a drag force, leftward motion, of the water)


How is qigong used with ying and yang?

One goal of qigong is to balance yin and yang within the body. Strong movements or techniques are balanced by soft ones, leftward movements by rightward, internal techniques by external ones, and so on.


What is the Corelli effect?

The observed effect of the Coriolis force, especially the deflection of objects or substances (such as air) moving along the surface of the Earth, rightward in the Northern Hemisphere and leftward in the Southern Hemisphere. The Coriolis effect is named after the French engineer Gustave Gaspard Coriolis (1792-1843).


Is it a problem to have a penis slightly bent downward and leftward?

No, it is not a problem.


Which direction would the supply curve shift if there was a decrease in supply?

leftward


What is the effect of war on a production possibility frontier?

production possibility frontier shift leftward


In what direction is the line containing the point 5 -6 and -2 -6 going?

Leftward straight.


A leftward shift in supply curve of product x will increase equilibrium price to a greater extent?

the moe elastic the supply curve


What has the author Lee A Becker written?

Lee A. Becker has written: 'The leftward movement of high tone' -- subject(s): Intonation (Phonetics)


When two coordinate points are translated to the left how can the new ones be determined?

The first abscissa will decrease by the amount of leftward translation; the ordinate will not change.