A Rightward Shift in a Demand Curve and a Leftward

question 22

Multiple Choice

A rightward shift in a demand curve and a leftward shift in a supply curve both result in a

• A)Lower equilibrium price.
• B)Lower equilibrium quantity.
• C)Higher equilibrium price.
• D)Higher equilibrium quantity.

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Definitions:

Memory Consolidation

The process by which short-term memories are integrated and stabilized into long-term storage in the brain.

Hippocampus

A major component of the brain of humans and other vertebrates, playing crucial roles in the consolidation of information from short-term memory to long-term memory, and in spatial memory that enables navigation.

Cerebral Cortex

The outer layer of the cerebrum in the brain, playing a key role in memory, attention, perception, cognition, awareness, thought, language, and consciousness.

Basal Ganglia

A group of structures in the brain involved in coordinating movement, as well as aspects of learning and memory.