Which of the following will cause movement along the demand curve?

The price of Brand A orange juice decreases, so the price of Brand B orange juice decreases.

The market price of a pound of beef increases from $5 to $7.

The price of salt goes down, so the price of black pepper goes up.

The number of consumers who eat beef decreases.

Which statement isNOT a reasonwhy theaggregate demand curve slopes downward?

As the price level falls, consumption and investment decrease.

As the price level falls, consumption increases.

As the price level falls, consumption and investment increase.

As the domesticexchange rate falls, foreigners purchase more domestic goods and services.

Select the event below that will NOT cause a shift in demand.

The unemployment rate increases, so people can purchase less.

The number of people who consume butter increases.

The market price for four tires increases to $300.

The fad for beanbag animals comes to an end.

Which of the following is the most significant tool the government can use to reduce the severity of business cycles?

Social Security

Debt reduction

Spending

Public goods

Economically speaking, which of the kinds of change below would be caused when anexecutive at apetroleum company develops a new way to extract petroleum from the ground?

Shift in the supply curve

Movement along the supply curve

Shift in the demand curve

No change in supply or demand

What does the expression Y (C + T) represent?

Investments

Gross domestic product (GDP)

Government savings

Public savings