Which of the Following Would Not Be an Expected Response

question 110

Multiple Choice

Which of the following would not be an expected response from a decrease in the price level and so help to explain the slope of the aggregate-demand curve?

• A)When interest rates fall, In-and-Out Convenience Stores decides to build some new stores.
• B)The exchange rate falls, so French restaurants in Paris buy more Kansas beef.
• C)Tyler feels wealthier because of the price-level decrease and so he decides to remodel his kitchen.
• D)With prices down and wages fixed by contract, Fargo Concrete Company decides to lay off workers.

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Definitions:

Eyepiece

The lens or group of lenses at the viewing end of a telescope or microscope, through which the observer looks to see the magnified image.

Magnification

The process of enlarging the appearance of an object, typically using lenses or microscopes.

Parfocal Microscope

A microscope designed such that once an object is in focus at one magnification, it remains in focus when the magnification is changed.

Objective Lens

The part of a microscope closest to the object being observed, which focuses light or electrons to create an enlarged image.