following recent legislation relaxing the barriers that restrict immigration. It is expected that the new immigrants will purchase the same goods and services as the current population does. If all other economic forces are held constant, how would this increase in population influence demand?(1 point)
Responses
shift the demand curves for all goods and services to the left
shift the demand curves for all goods and services to the left
a movement downward along the demand curve
a movement downward along the demand curve
a movement upward along the demand curve
a movement upward along the demand curve
shift the demand curves for all goods and services to the right
1 answer
If the population in the hypothetical country is expected to increase by 25% and the new immigrants are expected to purchase the same goods and services as the current population, this would lead to an increase in overall demand for those goods and services.
Therefore, the correct response is:
shift the demand curves for all goods and services to the right.
