Question

in a hypothetical country, the population is expected to increase by 25% 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)

a movement upward along the demand curve

shift the demand curves for all goods and services to the right

shift the demand curves for all goods and services to the left

a movement downward along the demand curve

Explanation:

An increase in population means more consumers. With other economic factors constant, more consumers lead to higher demand at each price - level, shifting the demand curves to the right.

Answer:

B. shift the demand curves for all goods and services to the right