If consumer wealth increases, economists would say that this was a

positive demand shock that leads to higher prices and employment.

positive demand shock that leads to lower prices and employment.

positive supply shock that leads to lower prices and employment.

negative demand shock that leads to higher prices and employment.

negative demand shock that leads to lower prices and employment.

Question

Hayden Nash

19 August, 22:07

+3

Answers (2)

Know the Answer?

Abbigail Osborn · Answer 1

Positive demand shock that leads to lower prices and enjoyment

Josh Burns · Answer 2

positive demand shock that leads to lower prices and employment.