Multiple Choice
Refer to diagram 2. The effect of deregulation should result in
A) A shift to the right of the aggregate demand curve.
B) A shift to the left of the aggregate demand curve.
C) A shift to the right of the aggregate supply curve.
D) A shift to the left of the aggregate supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Which best describes an example of a
Q22: Which is illegal?<br>A) Tax avoidance.<br>B) Tax evasion.<br>C)
Q23: The more elastic that supply and demand
Q24: Which can be considered a supply-side policy?<br>A)
Q25: Reducing government spending leads to:<br>A) A reduction
Q27: Refer to table 1. A person
Q28: Supply-side policies focus on policies that<br>A) Shift
Q29: Use a diagram to show how an
Q30: What is the output gap and why
Q31: Improving the flexibility of labour markets:<br>A) Can