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netineya [11]
3 years ago
8

If consumption increases, a) the SRAS curve will shift rightward, which will push the price level up. b) the SRAS curve will shi

ft leftward, which will push the price level up. c) the AD curve will shift leftward, which will push the price level down. d) the AD curve will shift rightward, which will push the price level up.
Business
1 answer:
SSSSS [86.1K]3 years ago
3 0

Answer: Option (d) is correct

If consumption increases, the AD curve will shift rightward, which will increase the price level.

Explanation:

If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.

Because there is more demand in the economy which gives an advantage for the producer to charge higher price.

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A family spends $46,000 a year for living expenses. If prices increase 3 percent a year for the next three years, what amount wi
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$50,265

Explanation:

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A transaction in which an owner of tangible personal property transfers the property to another party while still retaining owne
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A transaction in which an owner of tangible personal property transfers the property to another party while still retaining ownership of such property is known as a " Bailment".

<h3>What do you mean by Bailment?</h3>

The term Bailment is the term under the law which describe the possession of particular of property that is given by seller to buyer without transferring the ownership.

The example of this type of bailment include contracts for the lease of a car, movement of goods and sale of goods on consignment basis.

According to the English Common Law, it would justify that the right of a person to possess a thing without owning the thing. This type of right authorize the specific transactions to be conducted without the generation of any legal ownership.  

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