Multiple Choice
Both Keynesians and real business cycle proponents believe that tax cuts increase output
A) and both agree it does this through increasing aggregate demand.
B) but Keynesians believe it does this through increasing aggregate demand and not aggregate supply.
C) but Keynesians believe it does this through increasing aggregate supply and not aggregate demand.
D) and both agree it does this through increasing aggregate supply.
Correct Answer:
Verified
Correct Answer:
Verified
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