56 Consider the diagram above, the most likely explanation for the shift of demand to D'is a) a. an industry-wide technological advance for businesses bour
56 Consider the diagram above, the most likely explanation for the shift of demand to D'is a) a. an industry-wide technological advance for businesses bour
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Joanable funds
56 Consider the diagram above, the most likely explanation for the shift of demand to D' is
a) a. an industry-wide technological advance for businesses
Ob) b. household incomes fall significantly
Oc) c. the government runs a budget deficit over many years
d) d. households increase their savings rate significantly](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F40151cbe-ee7c-4d2b-a822-5ffe540e499d%2Fdd734c6f-0740-41c1-9020-702807b71067%2Fx6c7sji_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1
4
7
0
3
16
i k
A
B
·D
Joanable funds
56 Consider the diagram above, the most likely explanation for the shift of demand to D' is
a) a. an industry-wide technological advance for businesses
Ob) b. household incomes fall significantly
Oc) c. the government runs a budget deficit over many years
d) d. households increase their savings rate significantly
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