Which of the Following Would Shift a Supply Curve for a Good

question 47

Multiple Choice

Which of the following would shift a supply curve for a good to the right?

• A)An increase in taxes imposed on the production of the good
• B)An increase in import restrictions on the good
• C)an increase in import duties on the good
• D)An increase in subsidies on the good
• E)An increase in the price of the good

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Definitions:

Great Recession

A significant decline in economic activity across the globe that occurred between 2007 and 2009, widely considered the largest downturn since the Great Depression.

Expected Profit Rate

The anticipated return on investment, calculated based on projected incomes and the inherent risks associated with an investment.

Interest Rate

A fee, denoted as a percentage of the principal sum, that a lender demands from a borrower to use assets.

Investment Project

A planned endeavour to invest capital in assets with the expectation of generating returns over time.