Which of the Following Would Lead to an Increase in Equilibrium

question 31

Multiple Choice

Which of the following would lead to an increase in equilibrium output and a decrease in the equilibrium price level in the short run?

• A) decrease in oil prices
• B) increase in exports
• C) increase in wages
• D) decrease in taxes

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Definitions:

Card Reader

A device that reads data from a memory card, typically used for accessing photos from digital cameras or transferring data between devices.

Device Manager

A Windows Control Panel applet that lets you view and control the hardware attached to the computer.

Digitizer

A device or technology that converts analog information into digital form, often used with touchscreens and drawing tablets to input data into computers.

Input Device

Hardware used to enter data and control signals into a computer or other devices, such as keyboards, mice, and microphones.