Reference no: EM131387188
1. Which of the following statements is true?
A. With an increase in the demand for health care, the quantity supplied increases but supply does not change.
B. With an increase in the demand for health care, the supply curve shifts to the right.
C. With an increase in the demand for health care, the supply curve shifts to the left.
D. With an increase in the demand for health care, the price of the product decreases.
E. With an increase in the demand for health care, the quantity supplied decreases but the supply does not change.
2. A decrease in net texes :
A) raises aggregate expenditure by raising disposible income, there by increasing consumption
B) raises aggregate expenditure by raising disposible income ,there by decreasing consumption
C) lowers aggregate expenditure by lowering disposable income, therby decreasing consumption
D) lowers aggregate expenditure by lowering dispsable income, consumption remaining constant
E) hs no effect on aggregate expenditure
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A decrease in net texes
: A decrease in net texes. With an increase in the demand for health care, the quantity supplied increases but supply does not change. With an increase in the demand for health care, the supply curve shifts to the right. With an increase in the demand ..
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