A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2010 · Q51 Mark
In 2008 the demand curve for new cars in the European Union shifted to the left. Which change could have caused such a shift?
Aan increase in real disposable income
Ban increase in the cost of borrowing
Can increase in the price of new cars
Dan increase in the price of train travel
✓ Correct answer
B: an increase in the cost of borrowing
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