A new tool manufacturer opened a plant in town three months ago 3000 new employees. People now have extra cash to spend and are out spending in the town. What is an example of how this extra money may shift the demand curve for goods and services in the town? O There is a 20% decrease in the amount of tires sold at the local automotive store. OA local restaurant has a 40% increase in the number of dinners. O The price of used cars has remained the same as before. O The local movie theaters are selling fewer tickets.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
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A new tool manufacturer opened a plant in town three months ago and hired
3000 new employees. People now have extra cash to spend and are out
spending in the town. What is an example of how this extra money may shift
the demand curve for goods and services in the town?
O There is a 20% decrease in the amount of tires sold at the local automotive store.
O A local restaurant has a 40% increase in the number of dinners.
The price of used cars has remained the same as before.
O The local movie theaters are selling fewer tickets.
Transcribed Image Text:A new tool manufacturer opened a plant in town three months ago and hired 3000 new employees. People now have extra cash to spend and are out spending in the town. What is an example of how this extra money may shift the demand curve for goods and services in the town? O There is a 20% decrease in the amount of tires sold at the local automotive store. O A local restaurant has a 40% increase in the number of dinners. The price of used cars has remained the same as before. O The local movie theaters are selling fewer tickets.
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