-Refer to the Graph in the Exhibit

question 30

Multiple Choice

-Refer to the graph in the exhibit.Which of the following could have caused the shift of the curve?  

• A) a decrease in the size of the labour force
• B) a decrease in the price level
• C) a positive level of net investment
• D) an increase in autonomous consumption

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Definitions:

Accounts Receivable

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Inventory

The raw materials, work-in-process, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Accounts Payable

Money owed by a company to its creditors for goods and services that have been received but not yet paid for.

Prepaid Expenses

The payments the company has already made for services not yet received.